PPD (Pre-paid Legal Services) on the move Message Board

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Non-Tech : PPD (Pre-paid Legal Services) on the move

PPD 47.28

0.0%

Dec 8 4:00 PM EST

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To: Rob LeVine who wrote (638)	6/23/1998 10:18:00 AM
From: Leslie S. Feinberg	Read Replies (1) of 801

Rob; In answer to the first question, I have done a fair amount of business with this broker and he knows my confidence in future suggestions of his is based on his performance. Also, he makes a commission on my sales as well as my buys, the sell commission being smaller the lower my stock price falls. I have to wonder how a secret (unknown problems in the pipeline) could be so closely held that we wouldn't sniff a hint of it, yet so broadly known as to spur stock sales and inhibit buys such that the price of the stock goes down by 1/3. Should PPD be trading at a PE of 45-50 now? If the answer isn't obviously yes I think the conspiracy theory may not hold. As for the second point about mutual funds, it ain't fair. I don't know why it should even be legal. Les

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