Replies to post #1314765 on BB's Stock Haven

[OTC BB King]

WM Value $7-$20 per New York Times Article:

Although Washington Mutual’s stock closed Friday at $4.25 a share, several analysts said its options looked much brighter with a government bailout. The thrift’s business must change, said Howard Shapiro, who follows the bank for Fox-Pitt Kelton, but its deposit base would make it attractive.

“Though we don’t know the terms of a government bailout,” he said, “I think WaMu could be worth between $7 a share and $20 a share.”