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Non-Tech : Golden State (GSB) formerly Glendale Savings
GSB 9.4800.0%Aug 28 5:00 PM EST

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To: Paul Lee who wrote (3)12/25/1997 10:39:00 PM
From: BenieWon   of 75
 
I'm a first timer here, but have been in GSB for a good while(to include GSBpA) and had roughly calculated a fully diluted value of the case against tthe US at over $15 per share.
ML holds a restricted rating on this stock, but like the other poster ML broker put me into based on the banking analyst's rec. Note that at about $25/common share there was a very large, gap producing purchase which my broker also described as "someone" wanting in real bad.
Has anyone out there done a per share valuation at a $1.0 billion?
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