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Strategies & Market Trends : Aetna ( aet)
AET 212.70+0.3%Nov 28 4:00 PM EST
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To: Home-Run who wrote (11)10/6/1997 4:28:00 PM
From: men mailman   of 110
 
I don't know the breakup value off hand, but it is much above the $78 we are trading at.

Here are a few quick points:

1) The volume trickled down to almost zilch in the last few hours, and that is avery good sign, that the selling pressure and overhang has ended. THIS STOCK CAN BOUNCE $5 IN ONE DAY ON THE UPSIDE
2) Aetna has not yet bought any of the 8 mill. shares they are buying back, since they still were in a blackout period, and they should start very soon. Once they start and the sellimg pressure gone this will lift these shares like a speeding train.

3) There is a rumor that aet & CI have deliberately talked down the healthcare sector to get the prudential healthcare division for less than $1 billion. prudential afterwards said they will not sell for the meantime.
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