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Some Sellside Research Is Finding Opportunity

Traders Magazine, December 2003

Gregory Bresiger

At a time when many firms are cutting institutional sellside research coverage, partly in response to the recent global settlement, others are making renewed efforts to expand the business. First Albany, expecting to become a mid-level growth stock power, is going to add four new analysts over the next six months. This will bring its analyst staff to 23 and beef up its consumer, healthcare, technology and energy stock coverage.

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