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Non-Tech : Richmond County Savings Bank (RCBK) -- Ignore unavailable to you. Want to Upgrade?

To: mod who wrote (20)	2/21/1998 1:54:00 AM
From: KYA27	Read Replies (1) \| Respond to of 47

To Dennis and others, a few questions if you will? 1. Can you open accounts out of state w/o being physically present, ie. over the phone..?? 2. Is it worth taking a chance to open accounts in small banks, ie.3 branches or so? Do they proportionately issue equal amt of shares as do larger banks to depositors, or is the amt miniscule and not worth it?? 3. Dennis, from your vast conversion experience, what would you say was the average ratio of what you had on deposit and how much stock you were allowed to buy, ie. $2000 ACCOUNT would buy you on avg. approximately how many shares??? 4. Curious, how many accounts are you speculating in presently?? Are they instate, out of state?? 5. In regards to demutualizations, read that Prudential may go public in a few years, what do you feel about speculating in these?? How is the amt of stock issued to policy holders determined, is it based on cash value of your acct or what?? Please give an example if you can... Thank you all inadvance for your time..... Trying to learn the ropes....

To: mod who wrote (20)	2/21/1998 11:37:00 AM
From: Kenneth Xavier	Respond to of 47

Dennis, Thanks for your take on the tier 2 situation and appreciate any other insight that you are willing to share with us here. 200 conversions in 12 years, Whew you da man! Another question that comes to mind in Brooklines Case, If I missed 1st Tier now, is it worth leaving the CD in place for the 2nd stage conversion (if and when it happens) or is it only for shareholders from the 1st stage offering. Not sure exactlty how these MHC conversions work. Ken