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Non-Tech : East-West Bankcorp (EWBC)
EWBC 116.01+0.6%Dec 26 9:30 AM EST

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To: Paul Lee who wrote ()1/18/2000 12:27:00 PM
From: Paul Lee  Read Replies (1) of 36
 
Buyout coming ??

There was a story in the South China Morning Post this AM that HSBC
Holdings is looking for an acquisition in CA. East-West would fit their
criteria and the take-out could be worth as much as $25 a share (currently
trading less than $13). FBR increased it's price target to $22.50 and EPS
estimate to $1.47 in 2000
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