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BB&T Corporation Message Board

  • bowtieoneon bowtieoneon Dec 23, 1999 9:34 PM Flag

    Re: BBX

    I don't remember the details but some time ago I
    read a very negative article about the head of BBX...I
    will try to find. They recently bought the original
    developers of Levittown, didn't they?

    Let's wait for
    STI or do an equal with SOTR. Isn't FLA SOTR's #1
    market now? And STI is 3 behind FTU and BA, I

    Merry Millinium,
    And Best Regards,

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • explain it very well. I was trying to say that
      banks may have phased out of the higher multiple land
      that they have been in. To stay in Banks may be
      fighting the tape. When I meant "broad" I meant BROAD
      market moves, and banks in general have flattened out
      compared to a number of other sectors. I hope that splains
      better, even if you don't agree - which is fine by me.
      Its only MHO after all.

      By the way, I still
      maintain that SOTR is a poor connection for BBT because
      they are currently imploding. Their philosophy is so
      far from BBT's that there could nver be a MOE (not
      that there ever is, of course). I still think a better
      fit, even after the Tenn. purchase, is ASO. But don't
      look for anything big. BBT seems to have rejected that
      approach and I assume will stay small. I've decided to
      hold the 5000+ shares I hold, because I have a little
      other $ to spend, but I will be a passive investor in
      banks for the next 90 days or so and see where interest
      rates go (or how high they go I gues).

      and merry Christmas to everyone. Keep on posting, if
      for no other reason it keeps this old man interested
      in turning on the



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