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To: dfloydr who wrote (41817)4/8/1999 1:47:00 AM
From: VLAD  Read Replies (1) | Respond to of 95453
 
Floyd,

I don't agree with your 2 cook theory. As Big Dog says, these guys have known each other for a long time. Maybe they had an oral agreement from the start that after a while they would trade places? Who knows? The point is that Webster is not leaving and he has been working with Floyd for years.

IMO for the traders to sell or short on this news is ridiculous. A good buying opportunity IMO. 2 years from now we will all be saying how we wished we had known better to buy FLC when it was at this level. But in the short term who really knows--they may even push it down below 6 to keep the downward momentum going.

VLAD

PS Book value now at about $6.50