posted on February 15, 2001 01:34:22 PM new
Our favorite stock analyst, Merrill Lynch's Blodget is back in the news. Reporting on several stocks, including YHOO, here's what he had to say:
Blodget said it's a good time for risk-tolerant investors to look at some online media companies, including the three listed above.
In a research note, Blodget said, "Although there is still significant risk in these stocks, we actually believe the risk/reward profile is better than it has been in more than two years."
So how did we get from "Blodget smiles on Yahoo auction fee" (audio: http://biz.yahoo.com/oo/010103/47856.html) on January 3, to a stock that's "a good time for risk-tolerant investors" since "there is still a significant risk" today?
posted on February 15, 2001 01:42:56 PM new
Dimview wrote-
<<<So how did we get from "Blodget smiles on Yahoo auction fee" (audio: http://biz.yahoo.com/oo/010103/47856.html) on January 3, to a stock that's "a good time for risk-tolerant investors" since "there is still a significant risk" today?
< grin >
Easy. The same way he got to issuing 5 buy recommendations on Amazon at 110, 70, 50, 40, and 30 in the last year and a half.
posted on February 16, 2001 11:37:54 AM new
Please remember this is the same guy who when priceline.com stocks were at $.50 was issuing the same spiel about the risk tolerant investors good deal garbage. And where is priceline today? Not a good sign in my book.
