I was wandering around the Motley Fool pages and
went to the FVB message board there. Can't say it's
nearly as active as this one, but there was one post
from 6/4/98 that caught my eye. It described an offer
by BB&T for FVB at $80 a share. If true, you really
have to wonder how stupid Barry is.
they don't see any reason to change the status
quo...not a vibrant organization that i can see, for the
reasons earlier noted. if the VTech MBA hasn't got a
thesis yet might look at how a local independent bank
justifies flat market share (check the zip codes of their
customer base and the relationship of deposits, bank
activity and general revenue gen'd from these customers)
in a dynamic business sector. buying a couple of
piss ant banks in SW VA and Tenn doesn't impress me
for substantially increasing the top line. Basically,
this is a bad investment for a newbie. everybody shud
be looking for an acceptable exit price.
IMHO, the downgrade was a result of the bank's
insistence on remaining independent. Without being acquired,
FVB really has little to recommend it. No market
share except in Falls Church, branch locations all over
BFE, consolidations occurring now which should have
been accomplished years ago, technological dinosaur,
flat earnings, no prospects for better under current
Company, blinded by its own
Management, aged, conservative, cautious (i.e.
Company Past better than future...
Frustration, present according to Obi Wan ...
Read "Art of Feng Shui"...
not change ways, but reduce time spent on
Good for shareholders...
Agree, company not selling
soon, 57+ only seen if rumors true...
letting go most of stock...Pursue interests in
Close to company for long time, difficult to say
Goodbye...Good Luck friends!!!!
what the future of the bank is. Lots of
consolidations--did they just learn of economies of scale? Too bad
those egos are not marketable items or assets to the
corporation. Without a merger I think you'll be waiting quite
awhile for $57 a share.
FVB nurturing independence,
2nd quarter, better than expected.
Smoke & mirrors or reality?
Egos many Yoda hears
from Obi Wan. Obi Wan says more shakeups in
Gunnar, light of FVB Message Board, where is company
Yoda,still considering sell of stock if 57+? Advice of
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sorry, away carried , I
Remarks on second quarter, have you?