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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Bob who wrote (51696)6/22/1999 1:56:00 PM
From: JakeStraw  Respond to of 90042
 
Hmmmmm.....

Microsoft Declines Comment On Baan Rumors

SEATTLE (Reuters) - Microsoft Corp. (Nasdaq:MSFT - news) on Tuesday declined to comment on market speculation that it was poised to launch a takeover offer for Dutch software maker Baan Co. NV.

''As you know, we never comment on rumors,'' a spokeswoman said.

Baan shares rose 7.3 percent to close at 16.15 euros on rumors the Redmond, Wash.-based software giant was prepared to launch an offer worth 20 euros per share.

Several analysts dismissed the persistent speculation linking Microsoft with Baan, one of the top makers of software used to run, manage and plan operations at large and midsized businesses.

Microsoft's stock was off $1.06 at $87.875 per share in afternoon Nasdaq trading.



To: Bob who wrote (51696)6/22/1999 2:06:00 PM
From: MrThesp  Read Replies (3) | Respond to of 90042
 
Good move re ELNK Trish. Congrats on ATHM!!!

Hang on for a possible run into close w/ELNK...

DON'T hold it below 57 if it slips more. Take your profit.

I'm waiting for 65 but may sell sooner if it doesn't perk up again.

Paul {:-)