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Non-Tech : Sports Authority (TSA)

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To: Art Baer who wrote (9)7/9/1997 8:15:00 PM
From: Art Baer   of 94
 
The buyout rumor is back and seems to be getting around quite a bit. It was said on the AOL board that somethign will be done for more than 26, but less than 32. I sure hope so, but am not banking on it. Also, we were up today on a down market amidst these rumors. Look at the volume, both on the stock and on the options. Even the July options which expire in 2 weeks have heated up. I don't remember this much up volume in TSA in a long time. We broke through the TA barrier of around 20. Should be an interesting few weeks ahead.

Art
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