Buffett Loves Salomon, But Should Everybody?

Salomon Inc. stock is on a roll. The big brokerage house's surprising second-quarter earnings reached a record $433 million. That, combined with the psychological impact of Salomon Brothers Chief Executive Deryck C. Maughan's purchase of 25,000 shares, has helped push up Salomon's stock some 24%, to 49 3/8, since July 30.

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