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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: puborectalis who wrote (104073)6/24/2000 6:58:00 AM
From: puborectalis  Read Replies (1) of 120523
 
Jubak pick.....CMB>..... look at Chase Manhattan Bank
(CMB:NYSE - news). Donaldson, Lufkin & Jenrette
recently calculated that at $50 a share (the price on
May 18, when the brokerage firm published its analysis),
the stock market was valuing the bank's venture-capital
division, Chase Capital Partners, and its portfolio of
Internet and technology stocks at $0.

Since then, the market has driven Chase Manhattan
stock to a little below 48 a share. Granted, the bank
faces some tough comparisons in the last half of 2000
with the great numbers posted in the last half of 1999.
But the bad news would seem to be in the stock
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