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Daily News, New York, Peter Siris Column.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News) Publication Date: 12-MAR-01 |
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COPYRIGHT 2001 Daily News
Byline: Peter Siris
Mar. 12--THE NEWEST SPORT is beating up Merrill Lynch's Henry Blodget, Mary Meeker of Morgan Stanley Dean Witter and the other Wall Street analysts who suckered us all into the Internet craze. As readers of this column know, I have been railing against these analysts for a year. I thought the Internet was a bubble and said so.
So why am I now feeling sympathy for people who were paid about $10 million a year and lost money for so many?
Here's why. When the Internet fad began, there...
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