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Non-Tech : Independence Savings Bank (ICBC)

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To: gambler2 who wrote (200)4/3/1998 11:06:00 AM
From: Charles Skeen  Read Replies (1) of 246
 
ICBC price kicked up early today. I presume that it is response to the news I heard on the radio: Astoria is buying LISB (Long Island Savings) in a swap for about 1.5 Astoria shares -- valued at about $69. Havn't checked LISB's book value lately, but this must be almost 5X book!!!!!

(LISB -- another that I sold too soon.)

Charlie.
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