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Non-Tech : PPD (Pre-paid Legal Services) on the move
PPD 47.280.0%Dec 8 4:00 PM EST

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To: Rob LeVine who wrote (635)6/22/1998 3:38:00 PM
From: Leslie S. Feinberg  Read Replies (1) of 801
 
Rob;
I just spoke with my broker at Paulson and shared the concern of some of us that there must be bad news in the pipeline. He said he has heard nothing to contradict estimates of .27-.29 for the quarter and that he knows of no problems with the company. He added that it is still trading at a multiple of thirtysomething which is not cheap for such a company and he feels this is sufficient to explain why it dropped from the 40's.
Les
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