Henry Blodget 2.0 Rob Walker:
This article dates back to 2000.
"Blodget, of course, is closely associated with the remarkable rise of Amazon.com's share price. On Dec. 15, 1998, Amazon closed at $242 3/4 The next day, Blodget predicted that Amazon shares would rise to $400 over the following 12 months; AMZN rose more than 46 points that day to close at $289, and surpassed the $400 price target in about three weeks. For Blodget, this wasn't just a newsworthy call; it was a huge branding event. He became an instant Internet wise man and jumped from CIBC Oppenheimer to Merrill Lynch."
Tuesday, January 20, 2004
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