JP Morgan/Bank of America/ High Flyers Message Board

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Non-Tech : JP Morgan/Bank of America/ High Flyers

JPM 309.44

+1.3%

Oct 30 3:59 PM EDT

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To: wiley murray who wrote ()	12/23/1996 10:47:00 PM
From: The Insider	of 81

Just so that you know...and that is why I would like to remain anonymous, Bank of America will fly. Not because financial institutions will go up in general, but the Bank itself is going through a lot of restructuring. For example, it shut down 120 branches in CA as it increases its focus on the web and super-market chains. Now for the kicker ( and rumor ). BAC is making a lot of changes in Europe and is in the process of TOTALLY redifining its strategy in Europe - ( read news articles from previous months, you'll see what I mean ). In short, my friend look for a merger. Yes....It is in the pipeline. Sometimes next month. Now, I am not the only one, many other traders know about this. Have you noticed how BAC jumps 2 points when every other bank goes up by 1 or so. But again, as with all news/rumors - take precaution, act after a lot of research, put 2 and 2 togther, and buy Jan calls. Hope you make money on BAC because I can't ? ( And dont ask why ) -Ciao

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