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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: AUrush who wrote (56858)9/3/1999 12:16:00 AM
From: thebeach  Respond to of 90042
 
I strongly believe that the reason CS was weak today is that the momo players sold it to buy COMS.After the Coms rumors died a bit they attracted more buying back into Cs.



To: AUrush who wrote (56858)9/3/1999 12:20:00 AM
From: Dolfan  Read Replies (1) | Respond to of 90042
 
And that alone should prove it is in play and they don't want it to go over the premium takeover price :-)
Even longer if in fact there is a bidding war going on. I could really see CS fitting with LU. I know they could use Spectrum.

I remember our support was in the fifteens. Now it has jumped to 16 1/2 - 17 I wonder if this means the price for CS is going up?

The pain we have to go through on these takeover plays. No one said it was going to be easy!

--Mark