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Strategies & Market Trends : Aetna ( aet)
AET 212.70+0.3%Nov 28 4:00 PM EST

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To: Logain Ablar who wrote (95)3/11/2000 6:56:00 PM
From: blankmind  Read Replies (1) of 110
 
Mand - I have to hand it to you - your memory is the best

- Aetna's free cash flow is higher than earnings due to massive amortiz of goodwill; yet stock trades at huge discount to book; earnings are great; and hmo prices continue rising

- If Aetna refuses to sell itself, look for a hostile takeover from that Tennessee group which owns 6% & was quoted in the WSJ as talking to potential buyers
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