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

Stock has been cut in half in the last 1.5 to 2 years. Asset management that manages $1 trillion. Have an outstanding track record.

Pat Naccarato

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$76.310

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PAST TOP PICK

(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.

TOP PICK

(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.

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

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