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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (57629)4/28/2002 2:44:41 PM
From: Jon Matz  Read Replies (3) of 94695
 
From the weekend edition of CBS MarketWatch article on Brokers.

"With many of their banner businesses underwater, executives tried to shift the focus to lesser-known offerings.

J.P. Morgan Chase emphasized the opportunity that exists in derivatives.

"We view this whole derivatives business as an extremely attractive opportunity," Boisi said. The firm hosted a presentation with investors Friday about such products as interest rate futures and currency options."

I think he should have said, "extremely dangerous speculation", but that's just my opinion.

Jon
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