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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.660-1.0%Jan 2 9:30 AM EST

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To: Jack Hartmann who wrote (441)11/1/2004 10:09:19 AM
From: richardred   of 7254
 
Thanks Jack : BTW, You were right on Huffy. MY Huffy pick here didn't do so well. I underestimated the impact of sales to K_mart and the loss of a good portion of the Walmart business. The last acquisiton that Huf made put them under.(Chapter 11). A consolidation of sporting good manuf. and their drive to cut costs. A good reason for portfolio diversification.

BTW/WCRX it might not be over
WARNER CHILCOTT PLC (WCRX)
Goldman Sachs Group Inc. (GS) and private-equity firm
Carlyle Group are considering a $2.04 billion-plus
counteroffer to halt the sale of the Irish
Pharmaceutical company to a rival private-equity
group, several U.K. newspapers said.
Friday Close: $63.12
Net Change: Up 12 cents
% Change: 0.2%
Volume: 25,508 ADS
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