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BB&T Corporation Message Board

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  • readum98 readum98 Jul 7, 1998 11:39 AM Flag

    Virginia Resignation

    I, like the rest of you have enjoyed the ride in
    bank stocks. Great efficiency has been wrung out of
    the system and the shareholders (and CEOs have been
    rewarded). Problem I see is who is holding the cards when
    the house topples. It will too. Not because
    management is not doing the job, but because every good
    thing comes to an end. End will come when the economy
    turns down or smart money decides valuations are just
    too high. I cannot predict when. My shares are 401K
    shares, so I am less inclined to live and die over a
    pullback in the next ten years. However, if BBT was
    acquired, I believe I would have to deversify and wait for
    more sane valuations. Just and opinion.

35.09+0.41(+1.18%)12:04 PMEDT