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Non-Tech : Chase Manhattan (CMB)

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To: DrGamble who wrote (168)9/30/1998 10:42:00 PM
From: Moominoid  Read Replies (2) of 213
 
It looks good value if you take the current analysts estimates at face value. I'm sure though that further downgrades will be upcoming.

If you think it can't go down any more take a look at the chart from 1986 to 1990 if you haven't already.

Now this time interest rates seem to be going the other way but in the end bad loans could be worse.

Last December I bought CMB and saw a nice increase till April when I sold. But this time around I'm waiting to see how things pan out.

David
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