Piper Jaffray

Piper Jaffray
Piper Jaffrayis a full-service investment bank and asset management firm focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management and securities research. Through its principal subsidiary, Piper Jaffray & Co., the company targets corporations, institutional investors, and public entities...
allowing banks benefit increase portfolio rates rising securities tend yields
Rising long-term rates tend to benefit banks by allowing them to increase yields on securities portfolio investments.
front
I would say anything with an 8 on the front would be a positive.
based increased online rather recurring reflect results stable strength trade
Results could reflect some seasonal strength and increased valuations, as well as stable and recurring brokerage fees (as they are not typically based on online day trade volumes, but rather based on values).
believe early half second shipments start strongly system
We strongly believe that Dell will start AMD-based system shipments as early as the second half of 2006.
anticipate capital card clean fourth losses lower outside quarter relatively slightly
We anticipate a relatively clean fourth quarter outside of card losses and slightly lower capital markets.