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Non-Tech : Banking Plays: LT and ST -- Ignore unavailable to you. Want to Upgrade?


To: lazarre who wrote (2)11/1/1998 9:09:00 PM
From: Mark  Read Replies (1) | Respond to of 32
 
If you are hunting for takeovers, check out PEDE and SIB. I live in close proximity to SIB, and have had discussions with management. They would like to remain independent, but are not adverse to an offer from a larger bank, as they can't grow too much on their own. (My opinion, of course. They are limited in what they can tell me, but they were friendly).

PEDE is a rumor I heard about from a fellow investor, who has a knack for finding some of these out, although his timing isn't the best!!

Mark

For you information, I do not currently own a position in these securities, although I am strongly considering PEDE at this time.

All the usual disclaimers apply here.