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Non-Tech : Sovereign Bancorp ( SVRN )

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To: EddieMacG who wrote (101)5/20/1999 4:40:00 PM
From: BeachDude   of 143
 
I do not understand why the stock has traded straight down. I recently bought the stock at $16, on the way down from $24 after the announcement. Perhaps the announcement was too vague-no specific plans. I think SVRN represents good value without any net play, and great value with it. It is also possible that the company becomes a takeover candidate.
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