SI
SI
discoversearch

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 : WELLS FARGO
WFC 86.96-0.2%Nov 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: checkmate who wrote (1136)11/9/1998 4:21:00 PM
From: Lynn  Read Replies (1) of 1281
 
With all due respect, if I decide to pick up some shares of WFC and FTU takes them out, from my perspective I _do_ _not_ win because I already have as many shares of FTU as I want and do not want more (which I would get if FTU takes out WFC). I think WFC is a great banking concern and, as a shareholder of FTU, would indeed be delighted if the two combined. I just want some diversification in my banking portfolio.

My question was how existing shareholders of WFC feel about a potential, future 'marriage' with FTU, as the article I cited notes as one possibility. The article notes that an earlier overture by FTU was rebuked. This does not mean it will in the future--but not being a shareholder of WFC, I do not have any information from that side.

My pick of regional banks? Well, I do like FTU but for favorite, I'd have to say National Penn Bancorp (NPBC). This one might be too small for you to consider though Checkmate.

Lynn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext