Outside Looking In
Former journalist turned sell-side analyst turned pariah turned blogger Henry Blodget has been chronicaling all things Google (GOOG-Nasdaq) for quite some time at his Internet Outsider blog.
A mere six years ago Blodget was riding high, making big bucks at Merrill Lynch and enjoying his coronation as King of the Net stocks, having displaced Morgan Stanley’s Mary Meeker as Institutional Investors #1 ranked Internet Analyst.
Henry was not long for Wall Street however, and got out of Dodge before the Lynch mob in Merrill’s retail account base could string him up for his numerous sins.
Henry held on to a pile of cash after paying some fairly hefty fines and proceeded to reinvent himself as a blogger free to speak his mind. Is this a great country or what?.
His most recent post might be of some interest to those of you who rely on Yahoo! finance and/or Google finance.
Remember Google Finance? Half a year ago, Google Finance debuted to rave reviews, startling the snoozing market leader, Yahoo, into action. Rumor has it that in the past six months the Google Finance team has even launched more impressive innovations. But have they? Who knows? To check out Google Finance, you have to type “Finance” into the search window (or stumble into the Finance section by searching for something else that happens to be contained within it). And who wants to bother to do that when you can stay on Yahoo and just click a link. Who can even remember to do that? Internet Outsider
Love or hate him, you might want to occasionally read him.
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