Golden State (GSB) formerly Glendale Savings Message Board

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Non-Tech : Golden State (GSB) formerly Glendale Savings

GSB 9.480

0.0%

Aug 28 5:00 PM EST

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To: Paul Lee who wrote ()	11/24/1997 6:07:00 PM
From: Paul Lee	of 75

They probably figure 1.5 bil now is better than waiting a few years for the govt to appeal. The govt was not to happy to have them put this "pressure" on them. What does that tell you. A good bank analyst told me thet figure 40 trading on it own and 50 as a buyout. Also, apparently the president has been makings statements they GSB would be a good aquisition for someone wanting to come into Calif. This is a real turnabout for him to say GSB was not going to make it on their own.

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