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Former Merrill Lynch and Oppenheimer analyst Henry Blodget of Internet Outsider - which is where Henry pretends to still be an analyst, even though his legal settlement with Eliot Spitzer prevents him from actually becoming one again - has posted a long rant about Google announcing a proposed sett
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3 years ago
Good to hear. We release stuff 'the old fashioned way' but a great deal of 'stuff' we do is simply not worth the time and energy it takes to do a PR right, but we do want people to know about it. Thus, the blog.
3 years ago
The real question should be- if the ceo/coo were to blog would that be the same as a press release ??
In fact jonathan (sun) does most of that himself via a blog !!
3 years ago
3 years ago
3 years ago
I don't know you, but you state that you write for the G&M. That means you are a journalist/reporter. The first job of a journalist/reporter is to report FACTS and not gossip or guesses. You are accusing Henry Blodget of still acting like an analyst, and that too in terms that he is violating his settlement.
You have clearly NOT researched well enough. Read the post of his titled "Why I don't own Google" and the disclaimer which he links to. You can find the post in the left menu on www.internetoutsider.com
I hope you will correct your accusations and not play on the person anymore.
Regards,
Neal S. Lachman
3 years ago
Thanks for your note. As it happens, I'm not a reporter, I'm a
columnist -- which means what I write is my opinion on various topics,
much like my blog is. And it's my opinion that what Henry is doing on
his blog is almost exactly what an analyst does, although as you
mentioned there is a disclaimer (which I have mentioned in the past).
I'm not saying that's right or wrong, I'm just calling it as I see it.
Mathew
3 years ago
I think you should be careful with the power of your column and blog. When you are opinionated about a subject it is one thing, but when it goes about something criminal or in violation you may be putting things in people's mind. Even I'd love to know your opinion about FTTH and BWA, but you are neither a judge of character nor a policeman.
Furthermore, you are a technology specialist, not a financial expert or a SEC regulator or lawyer. This means there are no professional grounds on which you can actually judge Blodget. Thus, all you do is giving an opinion that has nothing to do with your profession, but which can harm a man badly.
Please, rethink.
3 years ago
I am not a policeman, as you mentioned, nor am I a regulator or a
lawyer. But I have been researching and writing about technology and
the stock market -- including brokerages and analysts -- for 15 years,
so I think I'm entitled to my (allegedly) imformed opinion. I doubt
that the SEC is going to read my comments and suddenly slap Henry in
handcuffs and drag him away to Riker's Island. But I appreciate your
concerns.
3 years ago
3 years ago
3 years ago
I didn't post my note to this blog as a comment, I had emailed Mathew. I was not playing Henry's spokeperson, I just can't stand it when people accuse others. I have let it rest.
I came to this blog because i saw a trackback link on Henry's blog, and it struck me odd that Mathew started with an insinuation/accusation. I have copied below the text of my last email to Mathew.
> I emailed again with permission to publish. Go ahead.
> I acknowledge your informed opinion, and my prime concern is not the law,
> but people's opinion. Anyway, Henry is a big boy, he can stand up for
> himself if he'd feel the need to. What I am truly concerned about here is
> that there is a difference between an opinion about something and an
> opinion
> about somebody. But let's rest it here.
>
> Regards,
>
> Neal
3 years ago
3 years ago
Good luck with this blog. You have quite some interesting topics and posts.
3 years ago
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