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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Tai Jin who wrote (6453)4/7/1998 11:59:00 AM
From: Don Westermeyer  Read Replies (1) | Respond to of 18691
 
re:SIEB

I believe there has been some speculation for some time about a possible buy-out. With the CCI news it doesn't surprise me to see the stock continue to climb. Momentum money is hot for the bank sector these days. People long in the stock will eventually get burned when valuations go back closer to historic normals.



To: Tai Jin who wrote (6453)4/7/1998 12:03:00 PM
From: Lazlo Pierce  Respond to of 18691
 
Tai, update <<11:25 ET Siebert Financial Corp (SIEB) 17 3/4 +3 1/2: --Update-- Unbelievable! Stock has tacked on 2 points over the past 10 minutes.>>
************
So now pre split 71 was @ 10 a few months ago.

Dave


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