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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (36100)5/4/1999 4:12:00 PM
From: who cares?  Respond to of 90042
 
I think GS is selling at a cheaper multiple than MER(haven't done the math, just read that somewhere) and a lot of people are of the opinion that MER is getting left behind on the net.(article in Forbes a week or two back backing this up) GS no ETrade but they are doing very well with net IPO's, where Merrill is not. I just think a lot of money has and will continue to go out of MER into GS as long as it's fundamentally the better story. This is especially true outside the tech world where fundamentals do still matter for some strange reason.
Even as far as an EGRP thing, i'm going completely by my 104 year old memory but wasn't GS the ones that bought the Archipelago ECN with EGRP? Always rumors around about EGRP getting bought because of this association.(maybe it's someone else, been a long day)
Mr. Burns