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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (5458)10/17/2003 9:55:19 AM
From: Esway  Read Replies (1) | Respond to of 5499
 
Could be either way....<<Specialist accounted for 88% of 2002 revenues; Execution and Clearing, 10% and Other revenues, 2%.>>

Specialist 88% is virtually the whole company.

Reminds me of when all the tobacco companies were going out of business as the stocks dropped to near nothing due to law suits about 4 years ago, but then again we are talking about two very different businesses. Guess big question is how low does the stock go 5 or even bust. Guess safest play is stay out or stay protected with long term puts as BWAC suggest and sell calls along the way.