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Non-Tech : Old National Bank, Evansville, Ind.(OLDB) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Mordis who wrote (21)	3/27/1999 10:32:00 AM
From: Bruce McGaughey	Respond to of 47

"On the other hand a friend of mine who is a VP at Comerica Bank has told me that he thought banks wouldn't want to risk inheriting year 2000 problems by merging with some other banks so maybe we'll see a pickup in bank merger activity after Jan 1 " Good point. Makes a lot of sense. Welcome to the board. Do you hold ONB stock ?? Are you in the DRIP program ?? We'd all like to see a 2-1 split. I thought that we might see one when we made the move to 60. Then, the Board chose to abandon the stock buy-back program in favor of keeping the cash around for more acquisitions. Maybe they'll resume the buy-back at some later date. They've been giving out an annual 21-20 split (5% div) every January for a number of years now, but they haven't split it for quite a while. Personally, I'd like to see a 4-3 or a 3-2. 2-1 splits are usually killers for stocks if you're not an AOL or a MSFT.