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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: mph who wrote (334)1/5/2001 10:22:30 AM
From: Junkyardawg  Respond to of 15481
 
Bank of America Corporation Issues Statement

CHARLOTTE, N.C., Jan. 5 /PRNewswire/ -- In response to rumors about the company that have resulted in numerous inquiries, Bank of America Corporation (NYSE: BAC) issued the following statement:

We know of no basis to support speculative rumors about our operations. We are conducting business as usual. The company has not experienced any significant losses in derivatives or other trading activities. And the company remains comfortable with its guidance for credit quality in 2001 as provided to investors last month.

SOURCE Bank of America Corporation

-0- 01/05/2001

/CONTACT: media, Bob Stickler of Bank of America Corporation, 704-386-8465/

/Web site: bankofamerica.com /

(BAC)

CO: Bank of America Corporation ST: North Carolina IN: FIN SU:



To: mph who wrote (334)1/5/2001 10:22:52 AM
From: J.B.C.  Read Replies (1) | Respond to of 15481
 
I added some yesterday, may add more. I couldn't believe it's breakout to $70 a few weeks ago could have just been short covering reaction.

Jim