Our interpretation of this, given current market conditions, is...

Our interpretation of this, given current market conditions, is that we may hear something at any time now through August.


rbs feel its a long way off now

word is filtering through that this deal is not as hot as is was and the upbeat remarks of weeks to end of june by cliff foss at the agm are now echoes of the past

riche, the last note you posted had RBS saying they felt TXN had not fallen in line with its peers in the sector, and by pointing that one out they are certainly causing the market to react and readjust the txn sp immediately...

bottom draw for a few more months now...