Buyout Rumor on ( SNBC ) SUN BANCORP Message Board

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Non-Tech : Buyout Rumor on ( SNBC ) SUN BANCORP

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To: Terry Whitman who wrote (12)	3/4/1999 9:54:00 AM
From: James F. Hopkins	of 13

There was some extra volume FEB 23,24,25 which I think was related to something more than the upgrade which didn't come until MAR 2nd looks like Janney Montgomery is going to look good on this one, and I doubt that coverage stated with a buy from them caused as much spike as we have seen, ( maybe more to this than meets the eye ) the accumulation over a week ago seems to say someone on the inside, bought or leaked some info. Looks like my hunch wasn't too bad, I figured back in Jan it would be longer like 3 months or so, still no announcement and if they can put that off maybe she will tick down after this Mo Mo effect of Janney Montgomery cools ? A lot of insiders bought back in DEC at 20 5/8 biz.yahoo.com I was in and out because of the big spread, and only wound up with a few hundred at an average of $18 If she comes back to 19 I will buy a few more. Jim

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