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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (113748)	7/20/2001 12:57:09 PM
From: Gut Trader	Respond to of 436258

From march 01-On Trial: Henry Blodget An even juicier lawsuit to watch: A 46-year-old pediatrician filed an arbitration case with the New York Stock Exchange alleging Merrill Lynch and its aging Internet-industry guru, Henry Blodget, held a "buy" rating on InfoSpace (INSP) to keep its stock up until the investment bank was able to broker a deal to sell the company to Go2net, the Wall Street Journal reported. Isn't that how it's supposed to work? Merrill Lynch was the financial adviser for Go2Net in its $4 million acquisition of InfoSpace, which closed on July 27. Debasis Kanjilal argues that Blodget reiterated his "buy" recommendation on InfoSpace prior to the deal to pump the stock so the deal would go through. The private investor is seeking $800,000 in compensatory damages and $10 million in punitive damages. polycom.com