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Non-Tech : Waddell & Reed Financial (WDR)
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To: Immi who wrote (6)5/28/1998 10:02:00 AM
From: Labrador  Read Replies (1) of 10
 
just bought some more WDR at 22 9/16. to me, this seems like a real opportunity for long-term appreciation. dont understand why a mutual fund company with expected earnings of probably $1.30 for the next 12 months, would be selling at a P/E of only 17. Yield expected at around 2%. any thoughts on this?
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