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.

Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: Axel Gunderson who wrote (685)	8/27/1998 6:23:00 PM
From: Freedom Fighter	Respond to of 1722

Axel, >>Any thoughts on Banker's Trust (BT)? I know they are fairly exposed internationally, but right now they are yielding 4.78% and they seem cheap. How do you see the risks?<< I have been bearish on the brokers and banks for quite some time now on a long term valuation basis. I suspect that most of their good profit margins are tied to the most favorable environment possible. Underwriting volume is high, interest rates are low, deals are enormous and plentiful, credit is loose, good trading results have been easy to get, commissions are high, markets WERE cooperating etc... I am not that familiar with BT though. I would be happy to look because many banks and brokers are down 30% or more from their peaks. At some level they will get me interested again. Wayne