BCOM, Great earnings, and a 2 for 1 split . 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 : BCOM, Great earnings, and a 2 for 1 split .

BCOM 2.160

+3.3%

Nov 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tadsamillionaire who wrote (125)	6/16/1998 9:17:00 AM
From: Jim Willie CB	Read Replies (1) of 182

Tim, Spoke with Cereghino Investor Relations last night (Seattle firm hired by BCom). Sending me two analyst research reports via FedEx at BCom's expense! She said even at 16-17, stock is above typical bank price relative to its book value. Two new analysts this qtr initiated coverage with strong buy reco's. Estimate Q2 earnings is 20 cents average. Dunno last year's Q2, but my guess is about 10-11 cents. Estimate FY98 earnings is 85 cents average. Each new analyst has a FY98 price target of 25, which is 30x earnings. She calls it an extremely high quality bank stock with a great future. Nothing new on additional states. Texas is well underway. Atlanta is starting up. Illinois is nowhere yet. BCom will move into new states as soon as they feel it is wise, and executives can be recruited to lead efforts. Stock is a fraction above its 200day moving average now. Last couple days it had low low volume but still went down. No urgent heavy selling though. Wide bid-ask spread. / Jim Willie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next