| Headline: Roy Furman Source: Euromoney Date: August 2001 Vice-chairman, Jefferies & Company
At the small firm of Seiden & de Cuevas, he became one of the earliest media and entertainment analysts on Wall Street to make a big impact, in his case by recommending stocks such as Fox and Columbia after cottoning on to the “infinite value of their libraries”. He recalls: “We didn’t know about VCRs then but we could see that television would become more and more important. If you had a film like All About Eve, that wasn’t something that was going to go away.” Columbia’s shares, which he recommended at $2, had risen to $74 for the same share base by the time the company was bought by Coca-Cola. | |||||||||||||||||||||||||||||||||||||||||