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

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To: Wade who wrote (264)2/11/1998 2:42:00 AM
From: Andrew Spurlin  Read Replies (2) of 361
 
Something to keep in mind is ION is very much employee owned
through are very nice 401K plan and a management group owns about 13%. I believe there is also a "poison pill" that would come into effect if someone tries a hostile takeover.

A nice marriage would be ION and OSM in my opinion .

30 million dollars in synergies does not sound like much for a 4-5 billion dollar company.

Next Quarter is important to see the effect Asia had on USF along with the further write- offs mentioned a loss is expected.
Culligan does bring good exposure for USF to the European market but Europe is in a major slump right now .

Just my thoughts,
Andrew

Andrew
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