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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (785)5/7/1998 7:46:00 PM
From: Amots  Read Replies (1) of 4634
 
Bill
This is from Briefing.com :

<<Sports Authority (TSA) 17 3/4 +3/4: operator of sporting goods stores is warning that it
expects to record a loss of $0.12 a share in Q1, reversing year-ago profit of $0.08 a share;
expects sales to come in around $346 mln, ahead of year-ago level of $320.47 mln, but below
Q4 level of $422.97 mln; according to First Call, company was expected to earn $0.04 a share;
on the bright side, Woolworth (Z 22 3/8 +1/2) to buy TSA for $570 mln, plus the assumption of
$179 mln in debt.....>>

What are the chance of take-over with SPLN?
TIA
Amots
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