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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (16792)	4/17/1998 9:44:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

The rules of the game have changed, in case you didn't notice....all of those bad debts get written off in M&A...IMHO the little banks have incredible ability to merge, the big banks are screwed. All they can do is sell their bad-debt portfolios to somebody else for a discount and write it off that way. The little banks service small-town America. It's a market where the big multinationals can't compete. The Internet will have---is having--- an incredible impact on small towns, people can stay and work where they like to live rather than move to the big city.