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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (119370)4/29/2008 4:44:52 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
>>Go for it. Ben is backing it.<<

Definitely. Dominoes are falling Jamie's way, first BSC, then Lame-Man, then Merril......<G>

"Beggar thy bankster"....catch the fever!



To: Jim McMannis who wrote (119370)4/29/2008 5:00:38 PM
From: Peter VRead Replies (2) | Respond to of 306849
 
you'd like that, wouldn't you? <g>



To: Jim McMannis who wrote (119370)4/29/2008 5:58:42 PM
From: Giordano BrunoRespond to of 306849
 
We're there. reuters.com



To: Jim McMannis who wrote (119370)5/1/2008 12:47:30 PM
From: Peter VRead Replies (2) | Respond to of 306849
 
Just for you Jim, or should I say, Mr. Bhatia?

Lehman shares rise as analyst says stock could be worth $65

Thursday May 1, 12:23 pm ET

Analyst estimates Lehman poised to take share, estimates shares could be worth as much as $65

NEW YORK (AP) -- Shares of Lehman Brothers Holdings Inc. rose Thursday as Citi Investment Research analyst said the investment bank's shares could be worth as much as $65 based on Citi's valuation model and past performance of the investment bank.

Lehman shares rose $2.72, or 6.2 percent, to $46.96 in afternoon trading. Shares have traded between $20.25 and $82.05 during the past year.

Lehman's management consistently improves its share of equity underwriting, mergers and acquisitions, equities trading, fixed income trading and organic growth coming out of a down cycle in the market, Citi analyst Prashant Bhatia wrote in a research note.

"We show that coming out of prior downturns, the Lehman franchise has produced material revenue share gains versus peers," Bhatia wrote in the note.

Historically, Bhatia said Lehman Brothers has gained the most revenue share among its peers in equity underwriting and fixed income trading exiting a down cycle in the market.

Credit and equities markets have struggled in recent months because as rising defaults in the mortgage market led investors to shy away from purchasing all but the safest types of debt. That stress led to a freeze up of markets, which is starting to improve.