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Non-Tech : Jefferson Smurfit (JJSC) and Stone (STO) To Merge?

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To: margaret foley who wrote (5)10/12/1998 8:47:00 PM
From: MonteChristo  Read Replies (1) of 18
 
I'm still here. Just got tired of talking to myself. Still holding JJSC. Waiting for a little run up after the merger (maybe) if not it will be a year or so. I'm in pretty good shape with an average of 12.625 so I'm not too worried. I love these cyclical stocks because when they go down you can count on them going up. I've played JJSC between 11 and 16 a couple of times. Haven't played STO in several years.

As far as merger. I haven't heard whether they got the financing all settled out yet. Last thing I heard from Ireland is that they were looking at junk bonds. I'd think that was a poor choice. Grape vine is kinda quiet right now.

Anything you'd like to share?
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