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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (789)1/12/1998 7:36:00 PM
From: Dan Packer  Read Replies (2) | Respond to of 18998
 
The converted mutual business in California dried up because all but one have converted. Considered a road trip to open accounts last spring - sort of a reverse Bonnie and Clyde. Looks like Staten Island was the place to play in 1997.

Do you have a way to play it aside from FF, which I think I have real trouble pricing. I'm inclined to sell at BV, because I truely believe that these thrifts are lousey businesses going forward.