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Microcap & Penny Stocks : SOSA - Somerset Savings

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To: Ed Newman who wrote (33)11/22/1997 2:02:00 PM
From: Richaaard   of 47
 
Getting back to you late, sorry. I didn't think anyone read this. The story here is a small bank that went in the toilet a few years ago when it wrote some bad loans. In the last 1 1/2 years it has done a complete turn-around. Earnings are strong and stable for the last few quarters and business just keeps getting better. Here in Massachusetts there has been a complete shift towards these smaller more personable banks. This bank is benefitting greatly by have the larger banks around and will continue IMO. When you see the progression on earnings and stock price where it is, I think it's a bargain. VectorVest has a value of $8.90 on it.
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