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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (17319)11/17/1998 7:52:00 PM
From: Larry S.  Read Replies (1) of 53068
 
Chat AMP: bot AMP for the Z, and added to my personal position today. AMP is fighting off a take-over by ALD, (allied Signal), ALD has offered 44 1/2 in cash. Today AMP traded above that price briefly. AMP has used the courts so far to block ALD's offer. Today, the judge implied that he was "inclined" to let ALD's offer proceed. Additionally, AMP has a $55/share self-tender for 30% of its stocks. HELLO !! Something is going to give real soon on this puppy. (Maybe we should call it AMP.com, then it would go to 90 tomorrow) ggg larry
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