SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (128135)7/11/2001 9:44:06 AM
From: Bob Kim  Read Replies (2) | Respond to of 164684
 
HJ, I-banking can play a role but it can be easy to detect that influence in the research. Besides, that part wasn't a secret. I think that there should be more focus on the shabby quality of research and the failure of research mgmts to ensure that the research was fit for public consumption. I think recommendation histories, price target histories, earnings estimate histories, analyst ownership (if applicable) histories, etc. should be disclosed on research reports.

For example, in 2001, ML has not changed the opinion on BRCD but the price target has gone from $125 to $250, then down to $65, up to $78, and then up to $78.50. This would suggest to me that the analyst has no clue about an appropriate valuation.

RE: shorting. I wish it were the case.



To: H James Morris who wrote (128135)7/11/2001 11:12:54 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
You would think Morgan Stanley would get a bit tired of these lawsuits even if they are settled out of court. It seems they might get the hint that a lot of people believe they violate a lot laws. The majority is not always correct but in this case, it is the majority bringing the litigation.