Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Independence Savings Bank (ICBC) -- Ignore unavailable to you. Want to Upgrade?

To: gambler2 who wrote (200)	4/3/1998 11:06:00 AM
From: Charles Skeen	Read Replies (1) \| Respond to of 246

ICBC price kicked up early today. I presume that it is response to the news I heard on the radio: Astoria is buying LISB (Long Island Savings) in a swap for about 1.5 Astoria shares -- valued at about $69. Havn't checked LISB's book value lately, but this must be almost 5X book!!!!! (LISB -- another that I sold too soon.) Charlie.

To: gambler2 who wrote (200)	4/4/1998 8:53:00 PM
From: Rich B.	Read Replies (1) \| Respond to of 246

Gambler, maybe MCBC was a unique situation. I had $1000 on deposit at the time the list was made for conversion stock candidates. The bank is very new, just started doing business in Nov of 97'. They have only 3 branches today with only 2 more planned in near future. Only 750,000 shares were offered to the public. I believe that great consideration was given to locality of the investor. The brokerage representative told me that I was lucky that I got 100 shares. I think this is a crock of ^%$^*% but what can I do. Somebody sent me some good sites to do some research, Thanks a lot, Rich