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Technology Stocks : LaBranche & Co.- "LAB"

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To: Sir Francis Drake who wrote (21)10/17/2000 5:10:47 PM
From: Sir Francis Drake  Read Replies (1) of 29
 
And back up over 33, up again in a very nasty market. Buying growth pays off. MER earnings look good too - up 53% in the quarter (the terrible 3Q which so tripped up NITE, LOL!), though a lot of that is due to cost-cutting. Also SCH hit their numbers for 3Q, unlike some. LAB looks very nicely positioned. Too bad WS doesn't value LAB on the merits of the business, and instead pushes up the price based on irresponsible takeover rumors.

Morgan
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