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5 pts

Opinion on  Lehman Brothers Holdings Inc (LEH)     Sector: Financial  >  Industry: Investment Services
Late '08 Bounce

Aug 25, 2008 05:47 PM GMT
11235
Return Risk
+0.86% MID
Sr. Associate

Watch for a bounce... there may be the possibility of another major bank failure, although it will not likely occur until after the discount window becomes more limited.  The discount window was recently extended til Jan'09, opening the lifeline for investment banks. 

LEH:  This call was made on 08/25/08 @ $13.85
Rating:   Positive   $13.85 (08/25/08)
Closed:   08/29/2008 @ $15.5525 (+12.29% in 4 days)
Target:   $16.00 (+15.52%) in Three months


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thebigkill previously rated LEH
Negative +89.51% LEH
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