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Non-Tech : SWS - An undiscovered gem

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To: Lennart Steiner who wrote (102)4/22/1999 9:10:00 AM
From: Sleeper   of 504
 
I agree with your assessment, but the comparison of P/E's is not realistic. NITE's multiple is based on it's near monopoly over online transaction executions AND it's large size and liquidity. Still believe SWS is a buy, however; would expect a less meteoric rise in share price over the next few Quarters than that of NITE. Regards,

Sleeper
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