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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (13993)8/22/2000 10:23:07 AM
From: TRIIBoy   of 18998
 
I think that you should really doing with their new Occasio branches and how it could totally change banking. I had been holding this due to the very low valuation of this company, but a friend convinced me how revolutionary this could be.

I think two to three years from now it could trade at 15 times $5.00 in earnings, or $75 a share.

biz.yahoo.com

Beyond Occasio, this is an extremly well run thrift that is transforming everyday more and more into a bank, which should allow it a higher multiple. In fact, two brokerages just upgraded it because they hadto up estimates from higher fee income.
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