I CAN SEE CLEARLY NOW, THE GAIN IS GONE

“Given the stunning lack of consumer demand for eToys’ much-enhanced services this season, it is now clear to us that eToys substantially over-spent.”

Robertson Stephens e-tailing analyst Lauren Cooks Levitan, who now feels free to downgrade a company she once touted, as it’s not likely to bring her firm much investment-banking business, Upside.com, 19 December 2000