Analyst Rankings: Firm Winners Table

These rankings were derived by a formula that took into account not only the number of winners from each firm and their overall rank, but also the market caps of the industries those winners cover and the voter response rate for that industry.

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Firm Rank	Firm	Firm Scores (weighted)
1	Morgan Stanley Dean Witter	366.64
2	Salomon Smith Barney	350.85
3	Merrill Lynch	283.00
4	Goldman Sachs	264.55
5	Credit Suisse First Boston	178.46
6	J.P. Morgan	157.13
7	PaineWebber	117.54
8	Bear Stearns	116.41
9	Donaldson Lufkin & Jenrette	98.56
10	Sanford C. Bernstein	90.84
11	Robertson Stephens	69.95
12	Lehman Brothers	57.28
13	Deutsche Banc Alex. Brown	45.99
14	SG Cowen	40.94
15	Banc of America	39.66
16	CIBC World Markets	35.30
17	Schroder (no longer in business)	34.92
18	Prudential	34.35
19	UBS Warburg	13.33
20	Fox-Pitt, Kelton	12.86
21	ISI Group	12.58
22	Dowling & Partners	10.41
23	ABN Amro	9.91
24	Chase H&Q	9.72
25	Dain Rauscher Wessels	7.75
26	Raymond James	7.23
27	Brown Brothers Harriman	6.81
28	Adams, Harkness & Hill	3.47
29	U.S. Bancorp Piper Jaffray	2.87
30	Scott & Stringfellow	2.57
31	Lazard Freres	2.28

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