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Non-Tech : How to Play the Big Savings and Loan Lawsuit

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To: Robespierre who wrote (7)7/1/1996 3:16:00 PM
From: Robert Northington   of 63
 
Cal Fed had 300 million in capital pulled out from it by FIRREA.25% of this divided by the 5.1 million shares comes out to $14.70 per share. It looks like now its an arbitrage game based when the cash is dist etc. I would bet that the number you got from Fortune was based on the hope of damages.
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