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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (37883)5/14/2010 1:02:41 AM
From: Spekulatius  Read Replies (1) | Respond to of 78702
 
re COWN - being a Lehmann big shot is not going to help them get a foot in the door, I bet. I red the interview about Cohen a while ago and while it sounds impressive, I think this small boutique shops have their work cut out for them. So far it seems that the big boys are raking in the money and only few crumps are left for the smaller ones. So what is left are niche business. Rodham does business with smelly Chinese microcap stocks. I don't know what COWN vision is but it seems very generic.

Anyways, revenues are down more than 7M$ QoQ, losses are mounting and the investment bank environment may be getting worse.If they can do what they say they are going to do, then COWN is a 3x bagger, but I can as well seeing them at zero in a couple of years if they blow their equity on bloated salaries.