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Strategies & Market Trends : LastShadow's Position Trading

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To: John J H Kim who wrote (23121)	10/8/1999 9:25:00 AM
From: Jeffrey Lee	Read Replies (1) of 43080

--9:09 am 24/7 Media jump on reports of DoubleClick interest 24/7 Media shares (TFSM: news, msgs) soars 7 1/8 to 47 5/8 and DoubleClick (DCLK: news, msgs) slips 3/8 to 131 1/2 in pre-market trading over the Island ECN. Citing unnamed industry sources, the Silicon Alley Reporter Web site reported that the two were negotiating a deal that would value 24/7 at $1.5 billion, or about a 50 percent premium to Thursday's closing share price of 40 1/2.

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