When Nice Analysts Turn Mean

from the how-to-be-in-the- dept

Remember when Henry “Amazon 400!” Blodgett never met a dot com stock he couldn’t hype to ridiculous levels? Well, now that it turns out he was absolutely wrong about those, he’s changed his story. He’s now one of the more pessimistic analysts out there, issuing downgrades and warnings on all sorts of tech stocks. Apparently, that’s the thing to do if you want to be popular and you’re a Wall Street analyst these days. Worth reading, in case you still actually believed what any of the Wall Street folks tell you about a stock.

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