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Oppenheimer Holdings Inc. Message Board

  • dennisthewormrodman dennisthewormrodman Oct 5, 2008 11:27 PM Flag

    Levers OPY can pull to reduce overhead/raise multiple?

    Could OPY mothball the money losing wholesale business experiment, and focus on its core advisory/high-N-worth business? Could easily justify a 60% expansion in the P/E multiple if that were done, in my estimation.

 
OPY
14.04-0.25(-1.75%)1:32 PMEST