OTCDD

[mr_market63]

Happy New Year to one and all. Now that college football betting has
come near a close, it's time to start off the year with a bang.
Today I bought JFBC at 50.90. I will sell it in 4 to 6 weeks at
59.46. Here is why I like JFBC:

Jeffersonville Bancorp is a one-bank holding company, which owns all
the capital stock of The First National Bank of Jeffersonville. "Jeff
Bank" maintains ten full service branches in Sullivan County New York
located in Jeffersonville, Liberty, Monticello, Eldred, Loch
Sheldrake, Livingston Manor, Narrowsburg, Callicoon,
Wal*Mart/Monticello and Wurtsboro. God, don't you just love small
town America? Isn't that where all of our great successes always
come from?

JFBC has shown sequential quarterly revenue growth for the past 7
quarters. There is no reason to believe, that given today's interest
rate structure, that this will not continue. JFBC's return on equity
is 14%.

JFBC's stock is up 119% over the last 12 months. Can you beat the
market? Of course you can!

JFBC, despite all of this price momentum and growth is still fairly
priced at a PE of only 14.

Earnings have increased about 20% per year over the last 4 years and
its recent trend is even better…2 months ago, announced third quarter
net income after taxes of $1,413,000 ($0.96 per share) up 32% from
$1,064,000 ($0.72 per share) for the third quarter of 2001. Earnings
for the first nine months of 2002 were $3,969,000 ($2.69 per share)
compared to $2,510,000 ($1.68 per share) in 2001, an increase of over
58%.

JFBC pays a 2% dividend. Money is good.

Reasonably healthy consumer loan growth was offset by weak commercial
lending in 2002. This environment will continue into 2003. Consumer
spending has remained surprisingly healthy throughout the latest
recession. Commercial lending, however, has been particularly hard
hit, both from in terms of loan growth and in terms of credit
quality. This means the small banks should outperform the big banks.
Get ready to pound the market.

I am HUGE!!

$$$MR. MARKET$$$

http://hometown.aol.com/ebarsamian