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$3.09 0.29 (10.36%)
12/3/2008 3:59 PM

TierOne Corp (TONE)

CAPS Rating:
*****

A holding company for TierOne Bank, a regional community bank offering a variety of financial products and services to meet the needs of the customers.

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Recs

2

Avatar PViddy (< 20) Submitted: 2/12/08 5:41 PM : Outperform Start Price: $17.72 TONE Score: -46.76

Merger arbitrage with CSE, per Rich Duprey's article.

http://www.fool.com/investing/dividends-income/2008/01/10/buy-this-stock-and-earn-25-instantly.aspx

Even if the deal doesn't go thru, Tier One has a tangible book value $16.60/share, which provides some safety.

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