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Non-Tech : Canadian vs. US Banks--Better PE and rising C$
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To: marcos who wrote (105)6/7/1997 12:03:00 PM
From: Zardoz   of 230
 
CIBC sucks, still.

I always seem to loose money with CIBC, even when I was a kid and only had an account there. If they buy Oppenheimer & Co, I'm sure they will take another hit in stock price. I hear Oppenheimers' asking price is so far in the statosphere that noone on wall street wants them.

Yupe lost $2,000 on Gandalf. But that was on the $4.00 call price for JUL. But one of my clients lost $8,000 CDN.

So marcos, do you think any of these Canadian banks will get hit hard by the FED rate rike on July 1?
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