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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (9615)	7/14/1999 4:11:00 PM
From: Baton	Read Replies (1) \| Respond to of 57584

BDE - Almost looking like a swing trade. Buy @$5 sell @$6. Always keeping a big chunk in long position. Maybe even get lucky and have it really pop while you are holding extra shares. Am I last to the party? Is everyone else already doing this? Baton

To: Bucky Katt who wrote (9615)	7/14/1999 4:35:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

William. . .great exit on VPHM. . . CEO on CNBC at 5pm EST. . . I am gambling a bit on more media exposure contributing to early AM moves. . .but only gambling 1/3 position. . . .so I am still with about 75 percent profit overall. I still want to hear about news stories on TV and newspapers. . . could be journalists waited for today's conference call for detailed explanations. Stock would have to open at about 3 for me to lose money on it. Rande Is

To: Bucky Katt who wrote (9615)	7/14/1999 4:57:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

What is WHX up to?? They just announced a mysterious deal with WS. . .perhaps to spin-off their steel division and get it off their books. . . great move. . . . Now they let their tender offer for GIX expire. . . and will be returning any tendered shares. Here is an interesting thought. . . what if they have decided that they no longer wanted as much to do with steel. . . therefore would not need GIX. . . .for that matter, they could sell off Unimast. . . . I would imagine they will hold Handy and Harman. . as it is a money making machine. . . literally. But what if they are setting their sights on other horizons. . . for the purpose of increasing shareholder value. . . . or buying back more shares?? There are lots of bargains out there that could contribute to their bottom line. . . and there are many opportunities to be had, for a company with cash. Just a thought. . . . here is news: Rande Is - - - - - - - - - - - - - - - - - WHX Allows Its Tender Offer for Global Industrial Technologies To Expire NEW YORK, July 14 /PRNewswire/ -- WHX Corporation (NYSE: WHX) announced today that in light of the proposed merger announced on July 12, 1999 between Global Industrial Technologies (NYSE: GIX) and RHI AG (Vienna Stock Exchange: RHI) it has decided to discontinue its tender offer for all of the outstanding shares of Global stock. As previously announced, WHX's tender offer expired as of close of business yesterday and will not be further extended. All shares tendered to WHX will be promptly returned to their respective Global stockholders. WHX is a holding company that has been structured to invest in and/or acquire a diverse group of businesses on a decentralized basis. WHX's primary businesses currently are Handy & Harman, a diversified manufacturing company whose strategic business segments encompass, among others, specialty wire and tubing, and precious metals plating, stamping and fabrication, and Wheeling-Pittsburgh Steel Corporation, a vertically integrated manufacturer of value-added and flat rolled steel products. WHX's other businesses include Unimast Incorporated, a leading manufacturer of steel framing and other products for commercial and residential construction and WHX Entertainment Corp., a co-owner of a racetrack and video lottery facility located in Wheeling, West Virginia. SOURCE WHX Corporation CO: WHX Corporation; Global Industrial Technologies; RHI AG