Pat Naccarato Legg Mason Inc. LM-N TOP PICK Nov 30, 2007

(A Top Pick Nov 30/07. Down 22%.) This is an asset manager. This is a wonderful franchise and a real value opportunity. He is still buying.

(A Top Pick Nov 30/07. Down 43%.) Investment management firm. Value style equity managers got hit but should rebound. They are #3 fixed income managers globally and had short-term performance issues. Valuation is so compelling that you will ultimately do well.