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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (65564)	10/13/1999 4:53:00 PM
From: Stormin Norman	Read Replies (1) of 90042

MIKL...... soon? (PR NEWSWIRE) The Wall Street Transcript Publishes Brands & Packaged Foods The Wall Street Transcript Publishes Brands & Packaged Foods Issue NEW YORK, Oct. 13 /PRNewswire McMillin explains another sector opportunity, "Michael Foods (Nasdaq:MIKL) is a very special situation. Their Board has done the right thing by announcing that they're studying strategic alternatives, including a sale of the company. Michael Foods feels that their stock is strongly undervalued, and they believe the company is worth more to a strategic buyer or to maybe some board members who are interested in taking the company private than it would be on the public market. So they're aiming to improve that. I think the company is worth at least $30 a share.

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