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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (129613)8/3/2001 11:43:10 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Hey Glenn, maybe you should file a lawsuit against Jamie Kiggen for not returning your call.
Btw
Kiggens price target on Amzn is $25.00 That's $375.00 less than it was 2 years ago. <VBG>
>03 Aug 18:01

On Thursday, investors of Amazon.com Inc. (AMZN) and eBay Inc. (EBAY) filed
suits against analyst Mary Meeker and her employer, Morgan Stanley, alleging
Meeker issued positive recommendations on the companies' stock to generate
investment banking business for Morgan Stanley.

The suits further charge that Meeker's purported $15 million salary in 1999
was directly linked to her ability to secure lucrative investment banking fees
for the firm.

The complaints came one day after the Securities and Exchange Commission
disclosed to Congress that it had found widespread conflicts of interest among
analysts at the nation's largest brokerage firms.

The SEC noted the breakdown of the supposed line separating analysts from
investment bankers, particularly as analysts routinely got involved in
corporate-finance deals and participated in road shows. The SEC also said
analysts' pay at some firms was linked to the performance of the
investment-banking unit.


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