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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+0.2%4:00 PM EST

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To: t2 who wrote (77516)5/29/2001 9:56:31 AM
From: American Spirit  Read Replies (3) of 99985
 
Bought 1200 LU at 8.80 as a bet this deal will either be sweetened, attract other bidders or fall apart and not include Bell Labs. I have just never seen a deal where the company leaks terms to the WSJ during negotiations and that there is a negative premium to the deal. We'll see what happens.

Oil stocks should pop again. The sell-off on the Jeffords news was irrational unless you believe the GOP stands for higher oil prices (hmm, that's a thought, some energy policy)
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