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Hudson City Bancorp, Inc. Message Board

valuetrapper101 1 post  |  Last Activity: Jan 27, 2015 8:16 AM Member since: Jan 27, 2015
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  • Reply to

    Acquisition

    by smallcaps9411113 Dec 30, 2014 11:49 AM
    valuetrapper101 valuetrapper101 Jan 27, 2015 8:16 AM Flag

    Seems expensive, but NCIT needs contracts and IDIQ contract vehicles. Good news is that the deal is small, the last deal was a disaster for NCIT and I bet they learned from that horrible choice. Acquisitions are more risky than internal new business growth which NCIT seems to be getting back on track with over the last 9 months.

    NCIT will not be rewarded for the new acquisitions until the prove they can not screw then up -- as occurred in the past.

HCBK
8.97-0.16(-1.75%)Jan 30 4:00 PMEST

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