WAMU (WM) Message Board - Msg: 12912325

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Non-Tech : WAMU (WM)

WM 199.80

-0.4%

Oct 31 3:59 PM EST

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To: tuck who wrote (84)	2/18/2000 12:44:00 PM
From: zyx1996	Read Replies (1) of 116

WM rated BUY Friday February 18, 10:06 am Eastern Time RESEARCH ALERT - Washington Mutual started NEW YORK, Feb 18 (Reuters) - Warburg Dillon Read said on Friday it started coverage on shares of Washington Mutual Inc. with a buy rating, based on the bank's prospects for future earnings growth and efforts to diversify operations. -- Analyst Thomas Hanley thinks that while rising interest rates could constrain earnings growth to 4-6 percent this year, the company will generate low-double digit earnings per share growth over the longer-term. -- After a spate of acquisitions in 1998, it also may be able to transform itself into a super-regional player. -- Stock down 1/8 to 22-3/8.

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