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To: KLP who wrote (27624)1/5/2003 1:52:06 PM
From: MJ  Read Replies (1) | Respond to of 28311
 
Hi Sarkie

Long time----good to see you are still here on this thread.

From your message---I quote

"Cohen emphasizes that any sophisticated and experienced investor should know that stock recommendations are just that -- not exactly rocket science. But that doesn't dissuade Kanjilal's lawyer, Jacob Zamansky, who calls Blodget a cheerleader for his investment bank clients. "[Blodget's] not a dumb guy; he's just unseasoned," Zamansky says. "He's an articulate touter with the weight of the Merrill Lynch PR machine behind him." Wow, them is fightin' words."

AND HOW ABOUT-------the unsophisticated investors who believed what was being written. The blame has erroneously been placed on the investor to be sophisticated and experienced-----not on the mouthpiece that is making the recommendation.

mj