SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: XBrit who wrote (20243)9/21/2000 9:51:03 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
<Morgan Stanley misses estimates>

I thought for sure you were pulling my leg - LOL!

Total net revenues grew 18 percent to $6.3 billion, driven by a 43-percent gain in revenues from trading stocks and bonds. Investment banking revenues, which are largely from fees for helping companies to sell stock and advising on mergers, slipped 3 percent to $1.2 billion. Credit card services net income from Discover was up 10 percent to a record $222 million.

I can't *wait* for those trading gains to go away - then the dung-heap that's left should be pretty well decimated.

BC