Grasshopper

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    • Three Cheap 'Transactional' Brokerage Firms [view article]
      TRAD does not have $600MM in cash on hand. They're total mkt cap is under $400MM. Someone didn't check their stats. That cash may represent some reserves on hand RE: the brokerage business. ALSO, the CFO says their income declines 12 cents for every full rate point cut by the fed. After the recent cuts, analysts are forecasting flat earnings relative to 2007. Mar 25 11:21 AM
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