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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (70065)	5/23/2001 12:30:24 PM
From: goldsheet	Read Replies (1) \| Respond to of 116931

> It is simply morally wrong for them to downgrade & buy the same day Probably happens all the time. The CSFB investment bankers and the CSFB retail brokerage analysts may not even in the same city and may not even talk to each other. There might even be rules regarding such inside communication. One would want to avoid situtuations where the analyst has BUY rating on a stock underwriten by the firm. Fortune? had a recent article on Mary Meeker maintaining buy ratings on Internet firms they had IPOed as the stocks plummeted 90% I'm sure if they had bought the shares then issued a buy, you would be concerned about collusion, self-dealing, and insist on an SEC investigation. I guess the only "ethical" transactions left would be issuing a buy then buying later -or- issuing a sell then selling after. One would not want to do oppostie things or do it ahead of giving the advice to your customers.