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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: Sam Nizam who wrote (27870)11/15/1999 1:35:00 PM
From: Jorney  Read Replies (1) of 108040
 
ESPI
E.Spire Communications (ESPI) - Rumors are circulating that ESPI
will be
taken over in the near term and that a deal is "imminent." Possible
buyers
include GTE, who already has a very active business relationship
with ESPI.

YGN Rumor
Other possible suitors include WCOM, FON and SBC. With very active
consolidation occurring in this sector, a deal is highly possible
with any of
the suitors. With a yearly high of 18, and the premiums paid in
this
business, a take over price would be in the 18-20 range. With upside
potential of 18-20, the stock is a steal at current levels with a
lot of room
to move up.
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