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Non-Tech : Pete's Wicked Ale (WIKD)
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To: Gary Jacob who wrote (114)4/3/1998 6:43:00 PM
From: Cosmo Daisey  Read Replies (1) of 156
 
Gary,
I watched Power Lunch on CNBC and the story was positive. It looks like SAM, Boston Brewing is trying to position to buy Petes. The street talk is that its a good fit for number one to buy number two.
I can't see this happening below $7+ because the major holders have an average cost above $7. Petes still has a lot of cash so it might be a cash plus SAM stock deal. In any event, it sounds like a good deal.
cdaiseyPhD@raise/a/glass/of/Wiked/Ale.com
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