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Strategies & Market Trends : TAKEOVER CANDIDATES
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To: cool who wrote (1)5/6/1998 10:30:00 PM
From: GR  Read Replies (1) of 34
 
Mellon bank MEL,up in after hours trading.Stockrumor.com called this at 1:30 pm.I bought in at 73.The rumored buyout is 100.After hours trading at 78-80;but was halted on news.This may still be a good play depending on where it opens.Mellon is highly desired by many players in the banking sector.The bidding may heat up.
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