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

To: ftmp who wrote (30)	11/12/1998 7:04:00 PM
From: Lynn	Read Replies (1) \| Respond to of 32

Both BAC and CCI have gotten wacked lately. For the long termer, I think both are good stocks. Right now, however, I'd only invest in these if I planned hanging on for the long term. With CCI, however, their recent merger with Travelers is something I really do not know enough of, I'm embarrased to say (since I hold shares of CCI pre-merger). One thing I really, REALLY don't like about CCI from an investor's standpoint is their new dividend reinvestment plan. If you hold your shares in certificate form, you have to open a brokerage account with them just for dividend reinvestment. The information asked--and REQUIRED--on the form is a little much, way to detailed and, from my standpoint, financially invasive. Because of this I put my shares into one of my brokerage accounts. This way I can get the dividends reinvested even though I can not do optional cash payments. Lynn