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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (5947)11/9/1998 8:12:00 PM
From: backman  Read Replies (2) of 7247
 
RE: lu acquisition candidates

An article in thestreet.com this evening indicates that ascend is going into the service business, and expects consulting services to its clients to make up 10% of its billings; diversifying to maintain profit margins.

this doesn't seem like the path of a company about to be acquired (near-term). My take is they are out of lu's acquisition pathway; efforts looking for the takeover candidate are probably better directed elsewhere.

david s.
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