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Non-Tech : LEH LEHMAN BROTHERS -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (264)9/22/1998 1:53:00 PM
From: Yonik Seeley  Read Replies (1) | Respond to of 315
 
11:16 ET Lehman Brothers Holdings (LEH) 34 13/16 +9/16 (+2%): Moody's Investor Services reaffirmed
firm's long-term debt ratings. "Moody's confirmation of Lehman Brothers' ratings clearly and positively
underscores the ongoing financial strength and stability of the firm," Lehman's CEO commented. LEH shares
have been pressured recently by rumors that the company was on the verge of insolvency.



To: Moominoid who wrote (264)10/1/1998 2:25:00 PM
From: liz blake  Read Replies (1) | Respond to of 315
 
I was thinking of investing in LEH stock. I was wondering if you knew if there is any validity to the rumors out there? I know from a reliable inside source that, contrary to the recent news, LEH is not having problems with banks in terms of credit lines. Likewise, in trying to separate the "wheat from the chaff" here, I am wondering if all the other negative rumors are just as false. Any idea where they could be coming from?

Another question, do you think that a major institutional investor has taken a large short position in LEH? and if so, do you know who that investor is?

Thanks in advance for your reply,
Liz Blake