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The Baltimore Sun Jay Hancock Column.

Knight Ridder/Tribune Business News, May, 2003

By Jay Hancock, The Baltimore Sun Knight Ridder/Tribune Business News

May 7--By most measures, Morgan Stanley Internet stock analyst Mary Meeker had a pretty good 1999.

All her companies rose in value -- just as she predicted! She was mentioned hundreds of times by the media. She made the lists of biggest Internet kahunas at all the business magazines.

She was inducted into the Analyst Hall of Fame. She earned a $15 million bonus for herself. And she made zillions more for her firm, including helping land more than $140 million in investment banking fees.

People called her the Queen of the Net, but in certain quarters at Morgan Stanley, Meeker was just another drone. Once a year, she and everybody else at the firm were forced...

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