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Technology Stocks : Hudson City Bancorp (HCBK) -- Ignore unavailable to you. Want to Upgrade?


To: D. G. who wrote (1)6/25/1999 4:25:00 PM
From: D. G.  Respond to of 2
 
HCBK at 10x earnings is a bargain IMO.

Ryan Beck says they did not receive minimum orders from depositors. They are now accepting orders from the public. They will not price above min.

That relates to aprx. 10.4x earnings & 83% of book.

CFFN (which climbed above $10 today) is at aprx. 15x earnings & 89% of book.

Chances are that HCBK will trade at a nice premium from offering price.