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Strategies & Market Trends : Rande Is . . . HOME

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To: Robert who wrote (992)	12/22/1998 7:45:00 AM
From: Rande Is	Read Replies (2) of 57584

On PAH. . .Patriot American Hospitality Robert, PAH has adopted a "poison pill." They are taking preemptive action should some entity try a hostile takeover of company. They have also elected a new officer. Could they be anticipating a buyout? That would be news that would drive the price up. . . this news should not be expected to do much on its own. . . but if the word has been leaked that there is a suitor, then this news confirms the rumor unofficially. That would drive up price. Though mergers lately have not had much in the way of premiums. Wyndham Hotels are about like Doubletree or Radisson. Suitors could include Hilton Hotels, Westin [UAL?], Marriott Intl. Loved those days by the pool at the Wyndham Palm Springs. Rande Is

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