Richmond County Savings Bank (RCBK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Richmond County Savings Bank (RCBK)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

To: gambler2 who wrote (46)	3/10/1998 1:33:00 PM
From: KYA27	of 47

Anyone familiar with 2nd step conversions... Two banks in NJ, namely, First Savings Bank and Trenton Savings Bank, are being offered this month, believe due date to pay is end of march... Anyway, stock(s) already trade, FSLA & TSBS respectively... Are these 2nd steps usually as good as regular thrift IPO's, or is the premium in general less.. Also, if you already own the stock, ie. FSLA, you get some of the offering stock at some conversion rate, something like 2.5 - 3.9 seems like a losing proposition to start with.. .any advice or comments on such matters greatly appreciated....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext