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Non-Tech : Old National Bank, Evansville, Ind.(OLDB)
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To: Bruce McGaughey who wrote (20)3/26/1999 6:38:00 PM
From: Dave Mordis  Read Replies (1) of 47
 
IMO the unification of the branches of ONB which is supposed to be completed next year should be a big boost to the bottom line, which should be good for the price of the stock as well. So things look good to me too. How long before we see a 2 for 1 stock split? I'm surprised that there isn't a bigger regional bank looking to get into the southern Indiana market by buying out ONB. For example like National City that just moved into northern Indiana by buying out Fort Wayne Bank. On the other hand a friend of mine who is a VP at Comerica Bank has told me that he thought banks wouldn't want to risk inheriting year 2000 problems by merging with some other banks so maybe we'll see a pickup in bank merger activity after Jan 1
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