SUSQ will start to move now that Y2K is over as will other small to medium size banks. M & A will soon start up again and SUSQ's PE will expand back to the 18-20 range it used to be before mergers slowed. However now that spending on Y2k is over they need to improve earnings year over year growth.
I have been a shareholder of Susq for five years now. I thought that this stock was a buy at 16-17. They bought a small investment firm and they have just bought a company that specializes in auto loans. They seem to be trying to make acquisitions with good earnings potential. Earnings keep steadily increasing...book value is around 10-11. Why is this stock at 13.75? Does anyone care besides me?