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Non-Tech : CSFB Direct(DIR)

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To: Rob C. who wrote (394)3/26/2001 12:13:04 PM
From: BWAC  Read Replies (1) of 406
 
Any DIR stockholders and account holders who want to continue to do business with CSFB step right up? They will take your DIR now for $4. Thanks a bunch. I'll be gone as a customer. Customer Service 101----Don't screw them over. CSFB should have done the right thing and taken this step at the same time they bought DLJ and for a similarly valued price. But nope, there were people to be taken advantage of. Think about that when you make your next (and hopefully) last trades with CSFB.

Monday March 26 11:38 AM ET
CSFB to Buy the Balance of CSFBdirect

NEW YORK (Reuters) - Investment bank Credit Suisse First Boston said on Monday it would buy the balance of the outstanding shares of its online brokerage unit CSFBdirect (NYSE:DIR - news) as flailing markets cut into the online trading business.

The firm said it would buy about 18.4 million shares, or 18 percent, of CSFBdirect's common stock for about $4 in cash.
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