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Non-Tech : E4L, Inc. (NYSE: ETV)
ETV 13.72-1.5%Nov 20 4:00 PM EST

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To: John Arnopp who wrote (315)12/16/1997 3:01:00 AM
From: Todd D. Wiener  Read Replies (1) of 1080
 
John-

I have been hearing some rumors about a merger like this. VVTV tried to buy NM several years ago and withdrew its offer, causing NM to plunge. NM sued VVTV and ultimately settled with them. While I have heard these rumors constantly, I've also heard that there are some problems with a possible merger. I believe the problems may be related to the recent equity infusion and subsequent price slide. I don't recall whether the terms of the stock offering were dependent upon future price performance of the stock.

I don't see any reason to be optimistic right now, especially before year-end. I did see a good NM infomercial yesterday for some really neat mop/broom thing. I almost bought it. Based on previous indications, that means that it is a good seller. Just like that Do-It-All blender/chopper/slicer/dicer/thing. I didn't buy that either, but I certainly considered it.

Good luck to all of you.

Todd
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