| Headline: Komansky’s put-down Source: Euromoney Date: April 2001 Author: Antony Currie
Komansky was in good spirits. His firm is riding high at present, with concerns about having a backward approach to online investing now firmly behind it. So he was in the mood for a bit of a joke. Up stepped Amy Butte, the brokerage analyst for Bear Stearns, to ask her questions. Komansky decided to tease her. “He said something along the lines of ‘that wasn’t a particularly good question’,” says a witness. “So Amy hit back immediately with: ‘so when do you think we should downgrade you then?’” Komansky’s response was just as quick, and much more acerbic. “That doesn’t really matter, Amy,” said Komansky. “Because no-one takes any notice of you anyway.” Investors and other analysts were stunned. | |||||||||||||||||||||||||||||||||||||||||