SOSA - Somerset Savings Message Board

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Microcap & Penny Stocks : SOSA - Somerset Savings

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To: DanF who wrote (24)	9/30/1997 10:15:00 PM
From: henry jakala	of 47

DOW JONES NEWS SERVICE 15:06 Somerset Savings -2-: JW Charles '97 Net View 35c/Shr >SOSA NEW YORK (Dow Jones)--JW Charles Securities Inc. initiated coverage of Somerset Savings Bank (SOSA) with a buy rating. In a research note, analyst Deborah Beylus estimated the company will earn 35 cents a share in 1997 and 65 cents a share in 1998. The firm set a 12-month price target of 9 on the shares, which recently were trading at a 52-week high of 5, up 21/32, or 15.1%, on volume of 605,000. Average daily volume is 177,000. The previous 52-week high of 4 3/8 was set Monday. Somerset Savings Bank has branches in Somerville, Mass., where it is based, and in Burlington, Mass. (END) DOW JONES NEWS 09-30-97 03:06 PM

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