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Non-Tech : SOUTHERN REGIONAL BANKS
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To: Martin Wormser who wrote (4)9/28/1997 6:17:00 PM
From: MFahsel   of 77
 
Banc One is exactly the bank I expect to come in and buy SOTR. I think the odds of a defensive move by any of the super-regionals (Nations, First Union, SunTrust or Wachovia) are slim. The only alternative to SOTR for a significant market presence is Fidelity National (LION). LION has under $1B in assets in the Atlanta market, compared to over $6B for SOTR. LION is also one of the more poorly run banks in the country. They did'nt meet their minimum capital requirements at the last OCC exam.

Good luck,
Martin
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