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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (20905)3/17/2005 6:20:11 PM
From: blankmind  Respond to of 78740
 
Paul,

- I'm looking around at other community banks - seems quite a few are hitting ytd lows in the WSJ - one i just looked up - Rome Bancorp - ROME - ytd range is $22.86 to $35.40 - closed today @ $22.10 - pays a $.60/div - $8.57 book value per share - earns about $.72/annually - & is doing a 2nd stage conversion where they sell their MHC shares

- my point is that the banking sector overall appears to be in a bad funk right now - but the bank stocks I'm focusing on - such as CSBK & KRNY - are relatively much cheaper then the other depressed bank stocks - good luck



To: Paul Senior who wrote (20905)3/25/2005 1:36:32 AM
From: Paul Senior  Read Replies (1) | Respond to of 78740
 
Added more shares to my GCT REIT position today. For now, this one and a few shares of UDR REIT would be as likely as I am to get to having any kind of exposure to North Carolina real estate. A poor way to make any money when NC real estate is allegedly booming and when one focuses so much more on reward than on risk.

gmhcommunities.com

finance.yahoo.com