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Strategies & Market Trends : Position Trading Forum

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To: Glenn who wrote (4099)10/30/1998 2:14:00 AM
From: Street Walker  Read Replies (1) of 7247
 
ABTX.......EARNINGS

Glenn, in response to your question about ABTX earnings:

#reply=6216033
First Call says .03

Whisper is .02

But with the company up for sale for a premium price
($35-$70 figures have been quoted by analysts) the earnings
may not be that big of a deal. If they are really good,
the buyout may have to occur at a higher price.

Regardless of them beating earnings or not, ABTX is getting
bought in/out by a major chemical firm. Speculation is Dupont.

Put it on your watch list and buy on dips.

Regards,
S.W.
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