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Non-Tech : Bombay (BBA): Time for a run up?

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To: Alec Epting who wrote (55)2/12/1998 6:02:00 PM
From: Arnie Doolittle  Read Replies (1) of 202
 
Alec, tell me more about the PIR purchase rumor. Exactly what does stockrumors.com say?

It looks like the recent runup was based on the COO announcement today, not the hint of a buyout. I hope I'm wrong because I think that BBA's stores would be a nice fit for PIR. Given the different location strategy and store size, there would be little if any need to close competing stores. With BBA's balance sheet combined with PIR's marketing and management, they'd have a winning combo.

Arnie
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