U S FILTER (USF) A Water Stock ! Message Board

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Non-Tech : U S FILTER (USF) A Water Stock !

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To: Suma who wrote (230)	12/30/1997 10:05:00 AM
From: James F. Hopkins	Read Replies (1) of 361

HI Suma; Seems that a lot of share holders who got in some time ago have pulled out of USF. It looks like USF paid a huge premium to take over MET. Not only did they up the price, but the Australia Dollar has been sliding down since this started, and by paying in American Dollars the MET share owners get an even better deal. USF was about right with the $30 dollar offer for MET, but going to $36 looks like desperation.. on top of that a lot of METs business is in Asia so USF is now exposed to thoes problems. Being a leader in her field I'm feel she will come back, but it may take some time. You don't lose real money until you sell, but it sure can be tied up ..I got me one that's taken a bigger hit than USF. Jim

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