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Non-Tech : U S FILTER (USF) A Water Stock !
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To: Robert Voigt who wrote (99)10/13/1997 9:13:00 PM
From: Carl R.   of 361
 
Yep. And it is clearly accretive to earnings. HHO made .28/share last year, and that translates to about 1.64 to USF, which is above 1998 estimates.

No sign of MET dropping back to 30, so I don't know that that deal will go through. I think USF should sell their shares back and pocket the profit. Then when MET falls back to below 30 on the news that USF has sold out (and obviously won't be increasing their offer), their offer might be accepted.

Carl
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