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Non-Tech : Independence Savings Bank (ICBC)

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To: gambler2 who wrote (158)3/25/1998 2:20:00 PM
From: KYA27  Read Replies (1) of 246
 
FSLA, First Savings Bank of NJ, there doing a secondary conversion, already went public a long time ago, now issuing the rest of the shares...

Have a relative who is a depositor of this bank, wondering if it was worth it to buy some stock at the offer price ($10). I believe existing shareholders will receive some exchange ratio for the shares they hold presently..

Do these things show some pop at the opening, maybe a point or so, any ideas appreciated,??
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