Wescorp and WFSI Message Board

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Non-Tech : Wescorp and WFSI

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To: Mark Oliver who wrote ()	2/12/1998 12:51:00 AM
From: Paul Senior	Read Replies (3) of 56

I'd say you're about right-on with your analyses. (But I'm not sure I know what I am talking about -g-) I missed WFSI both times. I've thought about it some, and I like WES better. It's got rising earnings (well - it did until today's announcement -g-), rising dividends (an okay yield given today's low yield environment). Price to book is okay too (relative to where some other or most other banks are). They should do okay in the refi business - I agree. President who owns so much, controls it all-- this has bothered me. I note several deals between him and the company -- I don't like this. On the other hand, I've concluded --as you suggest too -- it does seem like he wants the company to succeed and will take steps necessary for this to happen (today's announcement). I believe I came across the company in research I was doing in sub prime auto market - I bought RACC-- it just went into bankruptcy... so I guess I didn't do enough or proper research. Hope my opinions on WES and WSFI are better -g-. Nice to see that there's a thread now.

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