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

To: pride who wrote (6779)	7/15/1999 12:31:00 AM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Pride, re STII: I still have it. I had thought about selling it when it stabilized at 29 and change but figured the NN takeover looked pretty solid and would end up being worth between $30-$35. Now with some concern over NN earnings STII got hit a bit but since the deal is for a set dollar amount of stock at closing unless the deal falls apart it theoretically shouldn't make a difference how NN's price is doing. The main comment I recall Bob making was NN was smart to get STII at that price and he didn't intend to follow NN so I assume he either intends to sell his STII around when the deal goes through or has already sold it. Ian who posts here was very bullish on NN but I don't know if the recent drop in the price made a difference. My thinking at the moment is that if for some reason the deal falls apart someone else is likely to go after STII sooner or later if their price dropped back down much Marc