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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (56522)4/25/2002 2:39:10 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
Dale check my early posts in morning, i posted the WSJ headline at about 5am:)



To: DebtBomb who wrote (56522)4/25/2002 2:43:22 PM
From: LTK007  Respond to of 99280
 
To:itsallover who wrote (56158)
From: itsallover Thursday, Apr 25, 2002 3:51 AM
Respond to of 56529

brokerages likely to take another beating today as this story is beginning to build, headline story this morning on WSJinteractive <<Two More Wall Street Firms
Are Targeted in Trading Probe
By RANDALL SMITH and SUSAN PULLIAM
Staff Reporters of THE WALL STREET JOURNAL

A major investigation into alleged abuses in the market for initial public stock offerings has widened to include two more securities firms, both leading underwriters of technology issues.

The regulatory unit of the National Association of Securities Dealers has notified J.P. Morgan Chase & Co. and the Robertson Stephens unit of FleetBoston Financial Corp. that they could face civil charges for taking excessive commissions from big investors who received hot IPO shares in 1999 and 2000, according to people familiar with the matter.>> link(a pay site, however)
online.wsj.com.



To: DebtBomb who wrote (56522)4/25/2002 2:43:31 PM
From: Jdaasoc  Respond to of 99280
 
SEC preparing major examination of analysts

So whats going to come of reforms. Brokerage firms will go to a generic recommendation of sell or hold. Most stocks will be described as fully valued and speculative.

It's getting to that point in market already so it will be same oh same oh useless information from analysts as given 3-4 years ago but now in reverse.



To: DebtBomb who wrote (56522)4/25/2002 2:48:23 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
Dale: Thanks. I agree. I think YHOO is a buy <g>. I think you should be buying this dip <g>. Take some World Com too while you are at it <g>.



To: DebtBomb who wrote (56522)4/25/2002 2:50:02 PM
From: LTK007  Respond to of 99280
 
story is NOT new it has been available for 12hours---max