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Strategies & Market Trends : Value Investing
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To: Ron Bower who wrote (8281)9/16/1999 11:08:00 AM
From: Wallace Rivers  Read Replies (1) of 78830
 
Ron: Former SWS owner. Just wanted to caution you that Raymond James took first Qs numbers down from .55 to .15 on Monday due to softness in principal transactions. That's quite a haircut, and a poor comp. with '98 Q1 of .40. I have been looking at it, but my interest has been put on the back burner, perhaps at next support of 22-23.
JMO, and I've been wrong many times before, but I wanted to give you the cautionary note.
Also, Raymond James does not have this as a Strong Buy, rather an Accumulate - 2.
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