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Pastimes : Richard Ney and the Wall Street Gang -- Ignore unavailable to you. Want to Upgrade?


To: REvaluer@AOL.com who wrote (408)9/11/1998 1:08:00 PM
From: BenYeung  Read Replies (1) | Respond to of 492
 
Agreed on the values of the investment banks/brokerage houses. Big houses like Merrill Lynch and Morgan Stanley Dean Witter are selling for PE of 12 and smaller houses like Bear Stearns, Lehman, DLJ and H & Q are all at all year low. The Fidelity Select Brokerage (FSLBX) sounds like a good buy to accumlate this sector.