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Hibernia Corporation (HIB) Message Board

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  • ski4ru ski4ru Aug 28, 1998 3:33 PM Flag

    Up - down - sideways

    'with patience comes rewards" is that not want
    the people on the Titanic said looking at the horizon
    for rescue ships? Seriously, do ya'all think single
    digits by end of year or is the bottom closer to next

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    • This stock started acting sick prior to the
      sell-off. I am more concerned with the SEC questioning the
      FASB about the potential reversal of the GAAP
      concerning excessive write-offs in M&A deals. This has the
      potential to do a total revaluation in the way M&A deals
      are handled and the premium that merger candidates
      recieve. If this ruling passes HIB will see $10/share,
      unless they refocus their strategy on efficency instead
      of market share. I have not been impressed with
      HIB's strategy. Changes must be made or HIB will not
      participate when these stocks rally.

    • Sk,
      This ain't the Titanic!!