Word: lehman
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Dates: during 2000-2000
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...used to be "in" tech stocks - now you're "exposed" to them. And as the tech sector, led by a Lehman Brothers downgrade of Cisco, continued to burrow deeper into its funk, the musty old Dow Jones is getting hot again...
...stocks fairly soon, though he doubts they'll flock back into the old bellwethers Intel and Microsoft, which in the minds of some of the tech savvy are on the verge of becoming also-rans. A new list of tech bellwethers is developing, agrees Jeff Applegate, market strategist at Lehman Brothers. It includes networking and e-commerce facilitators like EMC, JDS Uniphase, BEA Systems, Corning and Siebel Systems. "Tech cycles are short," Applegate says. "You need to be looking for new names all the time...
...second game took place in Lehman College's Apex, an athletic complex more hospitable to top-flight collegiate competition. The matchup between Harvard and Brown promised just that...
...Crimson should have no trouble riding that confidence into the next crucial portion of its division schedule. The team will host B.C. and MIT on Wednesday before taking on No. 20 Iona, Brown, Lehman and the U.S. Merchant Marine Academy next weekend...
...whose profits have exploded while their share prices remain dormant," says Ed Maran of A.G. Edwards. While a company like ExxonMobil may be stronger in terms of distribution and product diversification, "a barrel of oil is a barrel of oil--no matter who owns it," says Paul Cheng of Lehman Brothers. He also believes that the current differential of 40% to 50% between mid-size and big oil is too large to justify. "With today's price levels and huge valuation gaps," he says, "mid-size oil companies offer a far better value." For example, based on Lehman's earnings...