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Gold/Mining/Energy : Westlinks (C.WLX)- FORTY SIMULTANEOUS HOSTILE TAKE-OVERS!

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To: Hart who wrote (12)4/15/1999 8:56:00 PM
From: BLZBub  Read Replies (1) of 15
 
<<wlx will probably be good for a little run I figure... ya think?>>

WLX already had its run from around .20 to $1.50 from January of this year until the recent halt. I suspect the run-up was related to speculation regarding some big imminent deal. Now that we know what this deal was, and know that we know it was a failure, I would suspect that the shares will go right back down to where they started the year. (I say that without looking closely at the company's latest financial statements)

Now, we have to wonder what this was all about. Did Sekera actually think that he had a chance to get his scheme approved by the regulators? Was this a publicity stunt to market the Westlinks name? Does he have a Plan B up his sleeve (I can't imagine what)?

What I'd really like to know is whether the analysis on the 40 takeover targets is of any use for my personal investment decisions.
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