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Commerce Bancshares, Inc. Message Board

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  • SOUPBONE15 SOUPBONE15 Oct 31, 2003 2:57 PM Flag

    Whats this bank worth

    I strongly feel that the current p/e is very high if there is no chance of Commerce being acquired.

    I'm waiting for long term tax treatment and also for the 5% stock dividend. I hope we can hold current levels till April 04.

    I've been in and out of this stock many times over the last 15 years and have done very well trading this stock.

    If I get out in April I will wait for the p/e to get below 13 to reenter. This pattern has worked several times in the past.

    The Kemper's run a good bank and I feel that Well Fargo would have strong intrest in Commerce.

    Good luck.

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