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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (6826)4/13/1998 12:02:00 AM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Tom, the bank merger plus the Irish Peace will likely fuel a huge rally on Monday. Shorts beware.



To: Tom Hua who wrote (6826)4/13/1998 12:18:00 AM
From: Peter Goss  Read Replies (1) | Respond to of 18691
 
<<<<BANKAMERICA has agreed to
merge with NationsBank in a deal valued at
about $60 billion, people familiar with the
situation say. The combined company,
called BankAmerica, would be the biggest
U.S. bank, with $570 billion in assets and
branches stretching from coast to coast.>>>>

On the Yahoo newswire, there is also a report of First Chicago and Banc One merging.

Aren't the financial stocks going ape, the final piece of the top?

Peter