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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (231)1/28/1999 10:27:00 PM
From: Steve Smith  Read Replies (1) of 779
 
I wonder how much TBFC is worth if YHOO decides to buy them out like GCTY.

What does GCTY bring to the offer table for YHOO? 2 million members for $121/share or $5.02 billion?

TBFC has more than 50,000 accounts, more than $1 billion in deposits and more than $2 billion in assets. Hmmm.....TBFC trading at 41 1/2 and has a market value of $515 million.

I think YHOO wants to become the center of the universe like AOL. It seems that online banking is the next logical step to put its internet empire puzzle together.

steve
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