LaBranche & Co.- "LAB" Message Board

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Technology Stocks : LaBranche & Co.- "LAB"

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To: Balaton who wrote (2)	8/19/1999 11:32:00 AM
From: PartyTime	Read Replies (1) of 29

Well, I'm in. My inital tendency was to buy it and sell it quickly. I still may sell some, however, since I bought it I've been struck by this question: Can a company of this reputation, stature and relationship to the stock market continue trading as only a $15 stock? After thinking it, I've concluded LAB has potential to go way, way higher. Of course, it's hard to tell since there are no other specialists trading in the public market. Perhaps for this reason alone it might have an excellent chance of success. CNBC's Bob Tsani described LAB as a prelude to the NYSE going public. If he is correct and this is in fact the case, then LAB could be a nice long-term play. I'm interested in hearing other viewpoints on this one. Thanks! PS: Could this be the kind of stock where all of the 'good 'ole boys' rally 'round Wall Street's Bull and Bear pubs, asking each other: Did you get your LAB? Maybe.

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