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Strategies & Market Trends : Bank Stocks/Unusual Volume & Movement

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To: PitBull who wrote ()	4/5/1998 3:51:00 AM
From: PitBull	of 19

RESEARCH ALERT - N.Y. bank merger pace seen rising NEW YORK, April 3 (Reuters) - Analyst Frank Barkocy said Friday that investors wishing to speculate on further merger activity in the New York metropolitan area banking market could focus on nine potential takeover candidates. Barkocy said the agreement for Astoria Financial Corp (ASFC - news) to buy Long Island Bancorp Inc (LISB - news) announced earlier Friday could be the catalyst for additional consolidation among New York thrift institutions. The analyst's nine potential takeover candidates are Carver Bancorp Inc (CNY - news), Dime Bancorp Inc (DME - news), Dime Community Bancorp Inc (DIME - news), Flushing Financial Corp (FFIC - news), Haven Bancorp Inc (HAVN - news), JSB Financial Inc (JSB - news), Queens County Bancorp inc (QCSB - news), Reliance Bancorp Inc (RELY - news) and Roslyn Bancorp Inc (RSLN - news).

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