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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (128840)5/9/2003 8:42:59 AM
From: Art Bechhoefer  Respond to of 152472
 
The contrast between analyst views on AMZN and QCOM shows that, despite the $1.4 billion Wall Street settlement agreement, there are still plenty of investment firms that are interested first in their own well being and probably last in providing well formulated recommendations from those without an agenda.

The reluctance of Wall Street to reform itself is nowhere more evident than the response I received from Citigroup and Merrill Lynch, two of the biggest offenders, when I offered to provide independent research for them (as per the directive in the settlement agreement). The research sections of both firms asked me to send a sample of my research. Neither firm responded. I discussed the matter with NY Attorney General Eliot Spitzer when he visited this area of upstate New York earlier this week.

Art