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Non-Tech : PWJ Paine Weber thoughts?
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To: Bruce H. Becker who wrote (2)12/5/1997 5:05:00 PM
From: Nads  Read Replies (1) of 47
 
You are right, not very active.

I bought shares only for 3 raesons:
- Attractive P/E;
- Could attract some banks that want to add brokerage services for their customers, which should bring in an other broker who would wants access to PWJ's corporate clients;
- Considering the volumes that are being traded, it should make an interesting earnings statement.

PWJ annoucment that they want to increase their brokers by an other
6200 does not hurt either.

Initialy I was going to hold them to the next earnings report, but I think that I am going to hold on to them as a long term investment.
Nads
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