Frank Barkocy Quotes

Without the Bank of America-Fleet announcement today, we'd be looking at a much more sluggish performance for bank stocks in the near term. There are still a number of questions about the economy. - Frank Barkocy

Today's actions were pretty well discounted and well telegraphed. It's much more difficult to ascertain what the magnitude of the potential costs from lawsuits might be. So there's still a high degree of headline risk for the brokerages. - Frank Barkocy

They'll have to do some work to get the branches up to snuff. - Frank Barkocy

They said the odds of First Union doing a merger of equals in the next 24 months is 10 percent or less... and in the third year it is probably about 33 percent. They suggested there are only a limited number of players out there that would fit with them and many of them are currently engaged in digesting their own acquisitions. - Frank Barkocy

The market has been waiting for a major announcement like this to be a catalyst for more deals. There could be a domino effect. - Frank Barkocy

It's unusual to be that accommodating. But it's kind of balanced by the goodwill consideration of bringing a key (tourism) destination to town. - Frank Barkocy

It defeats the purpose of research. - Frank Barkocy

In that environment banks should do well psychologically as well as fundamentally. - Frank Barkocy

Fundamentals will probably be in line with expectations but that won't be the catalyst to move these stocks. - Frank Barkocy

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