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Non-Tech : Canadian vs. US Banks--Better PE and rising C$ -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (215)5/11/1998 8:46:00 PM
From: marcos  Respond to of 230
 
Bank mergers: Now for the naysayers;
canoe2.canoe.ca

Shameless attempt to keep the thread current, really
... without actually having any bank stock anymore, just a vague interest in seeing them come back to reality.



To: Doug who wrote (215)6/12/1998 3:37:00 PM
From: Doug  Read Replies (1) | Respond to of 230
 
Anyone: BNS:TO looks attractive on a P/E basis. If the Govt disallows the mergers of the other 4 Big Banks, their stocks are likely to decline whilst BNS would be spared. If the Govt allows the mergers then BNS would be a likely target of a Foreign takeover.In that event BNS would appreciate considerably.

I would welcome a discussion on the risk/reward situation of BNS:TO
as I feel it offers min risk for a substantial reward.

Thx.


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