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

To: Madharry who wrote (29639)	1/10/2008 4:26:01 PM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 78464

You may be right. IMO, right now it is very tough to figure out if BAC is a buy or not. If they don't buy CFC, it's a buy. If they buy CFC, then a lot will depend on the price they pay for CFC and any federal guarantees. Plus one still has to figure out whether the price was good or bad, which is very tough with CFCs business. So I may just invest in some other bank. Or maybe get back into BAC if it falls a lot. Also, if BAC buys CFC, they may have to cut dividend. This may also cause the stock to drop. On the yet another hand - value investors finding faults with companies and deciding to buy later is almost a sure sign of the bottom. ;) I am going through refi right now. Gonna be interesting. :) Nice rates for the people who still qualify and/or want to buy something. :)