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Non-Tech : Sovereign Bancorp ( SVRN )

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To: Mark Peterson CPA who wrote (124)12/10/1999 4:54:00 PM
From: Mark Glembocki  Read Replies (1) of 143
 
Mark P...Is there any nervousness in your family right now in light of how many shares you own ?? Why the decision to hold so many shares of SVRN anyway ??? What's your thoughts on this stock right now ??

The reason I ask is the fact that I have somehow accumulated way way to many shares... I was up big for the year however I loaded up on SVRN as it was falling and have given it all back and than about 25% of my stake at this time. I am at a crossroads,,,either I sell a piece off and accept the loss or wait until the bank recovers... I don't mind waiting as long as it takes ....as long as it does recover. The major risk I see is that the acquisition fails...

I certainly did not manage risk in 99' !!!!

Any thoughts
Mark
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