Given the fairly unsophisticated stock research of the era, the company appeared to be growing without bound, and its share prices rose.
Morningstar, the Chicago company that rates mutual funds and has begun publishing stock research, might be a better model.
Goldman Sachs's ambitious effort to improve the quality of its stock research has faltered.
To start, preferred customers can receive free stock research.
Wall Street's way of doing stock research has been turned around.
They are seeking all documents sent and received by the supervisors that concerned stock research.
It is accepted wisdom on Wall Street that no one will pay for stock research any more.
These firms are huge and they offer stock research and other capabilities very important to investment advisers.
Merrill recently extended, until the end of this month, a trial in which it provides its stock research free on line.
He is now director of large-capitalization domestic stock research and head of the firm's global asset allocation committee.