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Technology Stocks : Western Digital (WDC)
WDC 279.69+10.7%3:59 PM EST

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To: Thomas Haegin who wrote (8465)1/20/1998 2:09:00 AM
From: Frodo Baxter  Read Replies (1) of 11057
 
Thanks as always for your considered opinion.

The reason I think UBS might want Bear Stearns is because like you mentioned, both CS and Deutsche already have a presence in the U.S. and that makes them globally competitive with Merrill, Morgan Stanley and Goldman. Warburg Dillon Reed has no presence in the U.S.

Everybody has to build his empire, no?
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