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To: John Madarasz who wrote (237373)4/24/2003 10:53:52 AM
From: reaper  Read Replies (2) | Respond to of 436258
 
John, i don't really have an opinion on Sovereign, even though they are a local competitor to my favorite super-regional short (who i never name since they give me 7-figure credit lines <g>). from what i have heard, they are incredibly poorly managed and their return on assets at sub-1% is pathetic. if i recall correctly it is also one of the more heavily shorted of the smaller regionals, so its not like this opinion is mine alone.

Cheers