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BB&T Corporation Message Board

  • readum98 readum98 Dec 23, 1999 8:54 AM Flag

    Not Florida. The largest franchise

    left headquartered in FLA ia BankAtlantic (BBX)
    which has about $4.4 billion in assets. BBT might like
    to take them out, but certainly not the other way

    For what its worth, I can't stop watching BBX. Great
    branch system, huge ATM system. Stock has gotten
    absolutely killed in 1999. Down under $4 from around $9.
    Again, its the largest franchise left in FLA. Anyone
    else buying this up?

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    • Lousy, lousy stock. Don't buy and drive the price up for those who might want to buy. Sell instead, make it cheaper for the fools who might want to stock up on it. (Wink, wink.)

    • I admit BBX looks interesting, good fundamentals.
      I would buy it but spent all my extra cash on BBT's
      new low price. I still dont understand why BBT is not
      interested in Florida. I guess they realize the top 5 or 6
      market positions are locked up, so they dont want it.
      However, I think Florida is still a hot market. If BB&T
      ever does a merger of equal, I hope it's with someone
      with a Florida presence, Southtrust perhaps would make
      a good partner.

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