“While our clients' trading activity had increased in early September ? daily average revenue trades were 136,000 for the first five trading days of the month ? last week's terrorist attacks and their aftermath have added fresh uncertainty to the market environment,”
David Pottruck
“Higher underwriting revenues, increased mergers and acquisitions fees, growth in trading and merchant banking gains, and increased commission revenues were the factors underlying this excellent performance,”
D. Miller
“The master of a single trade can support a family. The master of seven trades cannot support himself. The wind is never for the sailor who knows not to what port he is bound.”
Og Mandino
“It seems as though more aggressive pricing is not spurring much of an increase in demand, resulting in a trade-off between profitability and revenue growth.”
Daniel Niles
“Traders are increasingly looking for ways to trade more efficiently across all asset classes.”
Chris Concannon
“It seems as though more aggressive pricing is not spurring much of an increase in demand, resulting in a trade-off between profitability and revenue growth,”
“The $54 price objective represents 17 times 2002 estimated revenue. The stock currently trades at 28 times 2001 revenue, implying a multiple contraction.”
Thomas Watts
