4/19/2007

sl on ICE and COP today, 129 and 69 respectively.

sym pe gr u/d rank
bw 23.5 47
cop 7.1 .4
gs 10.3 12 1
ice 53.9 52
ma 294 18.3
nyx 67.5 39

why do i own?
bw - diversification, low p/s, good growth
gs - best of breed, low multiple
ma - payment processor,
nyx - consolidation, automating, cme peer and less expensive

ice - consolidation, future clearing capabilities, high growth
cop - low pe, need to divest, merger candidate