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 : MWBX Metrowest bank(Framingham,Ma.) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (73)10/4/2000 7:44:28 AM
From: Arthur Tang  Read Replies (1) | Respond to of 87
 
Community banks are in play for merger with national or regional banks who borrow money from the FEDs(high overnight discount rate). Community banks had no exposure from the FEDs' crazy rate increase.

Fleet/BankBoston taking over Summit is the first shot across the bow. Extrapolate from Summit's goodwill, MWBX could be very good investment soon, if FEDs maintain their high interest policy.