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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (6193)	6/22/1999 9:36:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 15132

3 months ago, STII was trading at $15 a share where it had been basing. Getting a 100% premium from the time the merger talks started sounds like a pretty fair price for STII. In any case, the part that NN wants is the part that NN is the sole customer for. The rest will be disposed of coincident with the transaction closing; there's a sizeable breakup fee; probability of a hostile bid overturning a friendly merger agreement seems quite remote to me. JMHO, Ian.

To: marc ultra who wrote (6193)	6/24/1999 2:37:00 PM
From: marc ultra	Read Replies (3) \| Respond to of 15132

re market:If we go with the new high scenario of Bob I guess we could consider this more testing and probing of the recent lows on low volume. As we approach the FOMC meeting while I think the 1/4 point increase is in the market though if they decide to make this bias announcement a regular feature I think they will maintain a bias to tightening which may or may not be priced in. I would find it strange for the Fed to go out on a limb and immediately switch to a neutral bias bias with above trend growth and early signs of increasing inflationary expectations looming such as Greenspan's known interest in the CIBCR as an example. Also I don't know how long it will take but I think the ECI will start rising soon as multiple factors are going to be pressuring US health care costs. I would like to see us go up and hit new highs and have Bob get a sell signal sooner rather than later so I would be out of the market when these events start happening. I have jumped the gun and become overly cautious several times in the past so I'll wait and follow Bob as my equity allocation if on the relatively light side anyway. Marc