Tuesday, February 27, 2007

JP's at it again

Enough's been said about JP Morgan's view on NYX. One could see today's blurb from Worthington (the JPM forecaster that covers NYX) about the locked up shares coming from a mile away (scroll down on this page and see the 5th paragraph under 1-23-07's posting here at NYSE ArcaNews titled "Hybrid's in Place" post below).

Remarkably, nothing about Worthington's insight points to anything fundamentally related to the operations of NYX. One day, an forecaster will consider the accretive value that Euronext will add to NYX's operations (and vica versa). That sort of fundamental impact is what ultimatly tips weighing machines.


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