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Strategies & Market Trends : Trader J's Inner Circle
NVDA 191.13-0.7%Jan 30 9:30 AM EST

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To: LTK007 who wrote (16755)6/28/1999 5:49:00 PM
From: Wes Stevens  Read Replies (1) of 56537
 
Max, found this:

US OPTIONS - Call volume up in Boeing on GE talkCHICAGO, June 25 (Reuters) - Call volume picked up Friday in options
on Boeing Co (NYSE:BA - news) on a rumor that General Electric Co. (NYSE:GE - news) might buy the aircraft maker, although GE said it was not interested.

''It comes up from time to time,'' said GE spokesman Bruce Bunch in response to an inquiry about the talk. ''Boeing is a great customer, but we have no interest in buying them.''

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If they say no comment then there is a chance that it is true. But when they come out and say a definite no, they better not be in negotiations. If they are and it goes through it will be real nasty. Don't think I would buy them on this rumor anyway.
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