SOC....i don't think so.
marconi.....
my feeling....
you would be better with untainted goods.
the stigma effect must not be underestimated here;
nor can shrinking market share, unknown revenues
(for all intents & purposes) a post partum management
team with unremarkable vision, or business judgment...
ummm ....
i might suggest a glance at leap, poised close to its
89 day moving average ( 3 1/4), and coming off 2 consecutive
profitable quarters. they recently sold some units to Y&R in order
to better focus on internet advertising.....
well, it's just a thought...
their last news release:
Leap plans to sell some units to Young & Rubicam
CHICAGO, July 24 (Reuters) - Leap Group Inc. <LEAP.O> said Friday it signed a letter of intent to sell some of its advertising assets to Young & Rubicam Inc. <YNR.N>, in a bid to free up more resources for its Internet-related ventures.
Terms of the deal, which was expected to close in the third quarter of 1998, were not disclosed.
Leap Group, an advertising holding company, said Young & Rubicam plans to acquire One World Communications Inc., which includes its Kang & Lee operations in New York and Los Angeles.
"We recognize that the Internet sector is an important part of our company's growth and we are making a conscious decision to redirect our resources in that direction," said Frederick Smith, chairman and chief executive.
Leap's stock has soared this month, due in part to the growth of its Internet advertising sector, the company said in a statement issued on July 7. The stock has more than doubled since July 1. It was trading down 1/4 at 5-1/2 on Friday.
Shares of global marketing and communications company Young & Rubicam were down 1/2 at 33.
12:46 07-24-98
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