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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (10238)	6/27/1999 7:57:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 18998

Sunday June 27, 4:16 pm Eastern Time United GlobalCom reduced shr repurchase DENVER, June 27 (Reuters) - UnitedGlobalCom, formally known as United International Holdings (Nasdaq:UIHIA - news), on Sunday said it would not purchase 2.15 million class B shares from Apollo Cable Partners as well as 250,000 shares from a director, as part of its previously announced offering of cumulative convertible preferred stock. As a result the company reduced the expected gross proceeds from the offering to $350 million and will use the proceeds exclusively for its development and general corporate purposes. On June 14, the company changed its name to UnitedGlobalCom, which provides video, voice data and programming services outside the United States. ---------------- Any thoughts?

To: Mr. Pink who wrote (10238)	6/27/1999 10:46:00 PM
From: Mr_X	Read Replies (2) \| Respond to of 18998

Mr. Pink- The Hudson Savings Conversion offering is in shambles. Undersubscribed due to the ridiculous prining and the criminal use of the Mutual Holding Company structure, they arenot out begging in the New Joisey community trying desperately to get there pathetic deal done at the $10 level. There is no doubt the stock will open at a sizable discount to $10 bucks. My question to you, Holy One, is, What level would Hudson Savings stock be a decent 1-4 week spec? I want to be ready for it when it opens. Thank you in advance, Your humble sycophant, Mr. X