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Strategies & Market Trends : Rande Is . . . HOME

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To: C. McD who wrote (16063)12/2/1999 4:01:00 AM
From: Mudlogger  Read Replies (2) of 57584
 
C. McD. Re Dunn

I've been following it, 24 million dollar pending for this year, and a bigger deal possible for next year could later show up on the earnings estimates. I'm a little concerned there may be a sell off with the news. Word is out on this one. I got in at 1 1/4 average. When the dust settles I hope I'm ahead.

On GLMC look for a rebound. MM's have got investors scared. I think some big orders will be coming in from Standard Radio pending an agreement to buy 338,983 shares at 2 million dollars. I think some options were exercised and increased the float. Global has applied for Nasdaq, and I'm guessing the deal may call for Standard to purchase the shares from the MMs to help maintain minimum listing requirements. I'm gambling they're going for a National listing, and will need to average 5 or better during the listing period.

Mud
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