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To: Terp who wrote (78832)6/10/1999 8:30:00 AM
From: BobKuz  Respond to of 119973
 
FNCM this morning, definitely bid interest. Looks like a big volume day again coming up



To: Terp who wrote (78832)6/10/1999 9:12:00 AM
From: If only I'd held  Respond to of 119973
 
How much do you guys think GE capital would pay for FNMC??

I personally can't see them paying more than 40-50 million. I just don't buy it. Ameritrade could do it I guess, with inflated stock, but I don't know about that either. I just can't see any reputable business buying FNMC at it's current valuation for a revenue stream like what FNMC has shown so far. That's just my opinion though. I wouldn't do it. And I don't. Not to bash. Maybe I am just missing something. I would be interested in contrary thoughts. I get the feeling it is just getting pumped again. I found the latest research report pretty ridiculous myself.



To: Terp who wrote (78832)6/10/1999 9:20:00 AM
From: If only I'd held  Read Replies (1) | Respond to of 119973
 
I will say this, from what I dug up on EYESE last night, I can't see why they shouldn't level out around 8 bucks a share for a short period of time (month or so) until they show the market what they can do with all the new businesses they have aquired lately. At which time, I would think they would start to make some nice steady advances from there. I like the stock so far. Looks like they had a pretty tough time integrating all these businesses together in their accounting. Sort of seemed like a software problem to me. Like I said yesterday, I like getting a company when they are down. Just like GE Capital and Warren Buffet.