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Non-Tech : U S FILTER (USF) A Water Stock !
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To: Carl R. who wrote (93)9/23/1997 5:09:00 PM
From: Wade   of 361
 
Carl,
I expected CUNO to drop due to the weakness of the market yesterday. But, the volume to buy it amazed me. That means someone is really accumulating it....may be USF?? or MIL?? or mutual fund??

I do not konw if USF will raise the bid to Memtec. But, it is apparent to me that they have to pay big bucks for any of the filter companies. What they can do is to acquire several smaller companies to get the technologies they want. But, they have to work hard to develop all of the internal growth and marketing channels. It is still better off to buy a well established company. You never know what is in their mind. Good luck.

Sincerely,
Wade
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