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Non-Tech : SWS - An undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: Frank Drumond who wrote (459)3/15/2000 6:29:00 AM
From: Wallace Rivers  Respond to of 504
 
SWS has hired Bear Stearns as an advisor "to pursue strategic alternatives". I would think it would trade up on this news, as that implies that a buy out would be one of the strategic alternatives IMHO.
Anyone else with any ideas? Maybe a spinoff of the OLB?
The PR also mentions that volumes are up huge, about 300%, and that implementing CSS will take a bit longer than anticipated.