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People's United Financial Inc. Message Board

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  • avdaugust avdaugust Nov 6, 2007 8:46 PM Flag

    PBCT Upgraded

    nothing has changed at pbct to change the rating this

    stock. they gave away the company to the bank officers

    and still haven't invested the balance of the proceeds

    that was ripped off from the stock sale. the p/e is high

    and the earnings are questionable because of the proceeds

    which are invested in short term obligations. they say

    they plan to purchase shares back. I am sure the

    stockholders that purchased these shares are not happy that

    their own company would pay them less then what they paid.

    If anyone knows of a mutual bank that wants to go public

    I would be interested as I would also like to cash in.

16.70+0.02(+0.12%)Nov 27 1:00 PMEST