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To: frank meysamy who wrote (1140)2/20/1999 5:38:00 PM
From: JERRY  Read Replies (2) | Respond to of 2220
 
To any one---- Are you having trouble getting on Raging Bull message board. Is it My computer or is it something else. Try to get on and let me know if you get on the message board alright. Give me some feed back Thank you



To: frank meysamy who wrote (1140)2/21/1999 1:52:00 PM
From: frank meysamy  Respond to of 2220
 
NEW YORK (CBS.MW) -- Brokerage stocks powered higher
Thursday as investors tried to interpret a signal from Chase Manhattan
that the bank titan hasn't ruled out an acquisition.

Chase told analysts at a Tuesday dinner that any
large deal would have to be "transformational." The
report was enough to fuel gains for broker-dealers
and investment banks like Morgan Stanley Dean
Witter (MWD), Lehman (LEH), Bear Stearns
(BSC) and Merrill Lynch (MER), said Art Hogan,
chief analyst at Jefferies & Co.

And yet, invitations to brokerage-banking M&A
balls have been pretty thin lately. Consolidation in
the industry is flagging, and some analysts say that's
reflected in the the poor performance of bank
stocks, which are down 3.1 percent year-to-date.