LEH LEHMAN BROTHERS Message Board

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Non-Tech : LEH LEHMAN BROTHERS

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To: Philip Armstrong who wrote (38)	4/25/1997 9:07:00 AM
From: Chip Roos	of 315

Phil: I think LEH is probably a good financial firm and an ok investment. I guess you and I both are guilty of "guilt by association". The boilerroom operations have touted to me 4 companys including IWRKS, OSFT, PSYS and of course LEH. All of these companys have fallen in price since recommended. The declines range from 12% to 31%. It may be very unfair and unwise but if Gaines Berland or Renaissance Financial recommended even a company like IBM, I would be suspect and shy away from it. LEH may be the exception but other than the boilerroom guys' BS about it, I haven't followed it nor will I. But for those of you who own it, I sincerely wish you best of luck. You will probably be fine! Chip Roos

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