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To: Bob Kim who wrote (141527)	4/14/2002 11:43:31 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>HJ, Is there a rumor about Cohen? << Just the one I just started. ? Merrill is taking the heat again. >>One part of the attorney general's report contends that Merrill analysts had the firm's top rating--a "1-1"--on shares of Net services firm InfoSpace in July 2000, when the stock was in the mid-$30s (down from a peak of $130 that winter). Yet a private e-mail in July 2000 from Henry Blodget, the head of Merrill's Internet research team, called the stock "a powder keg, given how aggressive we were on it earlier this year and given the 'bad smell' comments that so many institutions are bringing up." By December 2000, InfoSpace shares had plunged under $10. The stock now is at $1.46.<< latimes.com