Henry Blodget's back - and suggests MSN will have to merge

From the suburban calm of Cherry Hill, N.J., one of the Internet’s most notorious figures has launched a Web log. Merrill Lynch’s Internet analyst at the top of the bubble - later disciplined over conflicts of interest - is the man behind www.internetoutsider.com. "Wading back into the Web waters after a few years away," Henry Blodget wrote. "Thanks in advance for including me."

In his first posting, he suggests that Microsoft may well have to pursue a merger if it wants MSN to survive. There’s also a link to a 12-page research report titled, "The Web War is Over - And Microsoft Lost."

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