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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: thebeach who wrote (23461)4/4/1999 10:20:00 PM
From: kathyh  Read Replies (1) of 90042
 
I think the article was in pounds, $1 =.624 pounds... that's 2.5 billion dollars, but when I reread article, I saw it said "deals" not "deal" ...

and different papers said different things...Sunday Business said Fore Systems FORE.O, valued at $2.5 billion, was the most likely target for GEC

Here's a different paper... The Sunday Times said GEC had almost completed talks with a U.S. data-networking group worth around one billion pounds

But people over on the FORE thread are now saying that they see bid and ask in $13.00 range... if that is true, I guess that would be giant sized headfakes... if panicked people fall for that, and put in sell orders @ market @ open.... then my limited experience says that would be an incredible buying opportunity...

Someone please correct me here if I am way off on this...
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