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  • elleninDC elleninDC Oct 18, 2000 6:12 PM Flag

    Newbie on the board but

    I suppose none of us remember the bank as a rural
    association when it began in 1872. But, RW, your cost basis
    must be miniscule. Stock bought as late as 1990 would
    have had a cost basis (adjusted for one 2 for 1 split)
    of $2.00. I don't have your bragging rights, but I
    sure can't complain about my stock bought in 1993.
    And, I agree, as long as this well-run machine has as
    much on the ball as it does, who cares about the stock
    price. I won't sell it anyway.

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    • Funny you should mention 1872 Ellen. I still have
      the shovel used for that groundbreaking (smile).
      Serious, I bought two shares of Carolina Bank in 1967 and
      added as I could. It merged with BB&T and I took
      advantage of dividend reinvestment which was not very much.
      But over a period of time it has done very well. Now
      I am retired and am very proud of the job BB&T has
      done for me. They raise dividends each year. I would
      recommend this stock to anyone who has patience.

      • 1 Reply to snookie39139
      • I imagine a horrible time for the south as
        reconstruction crawled along during 1872. If I could spend a day
        in history, I'd very much like to know what it was
        like during the Civil War and the bank's history must
        be very rich indeed. I too would recommend this
        stock to anyone. If they are not patient, they should
        not hold stocks, agree?

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