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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: Stuart T who wrote (58736)	9/12/1999 10:07:00 PM
From: thebeach	Read Replies (1) \| Respond to of 90042

My rumor mill says it is one of our babies.Should be a great week no matter what.AG will back off and the smart money will continue to pour in,where else do you park money with rates working their way back to 5.5%.

To: Stuart T who wrote (58736)	9/12/1999 10:54:00 PM
From: Tim Luke	Respond to of 90042

just a little taste of what timluke.com will have to offer once i go very private....the stock posted below was posted on anthony@pacific private site on a friday @ 17$ when i was running a chat room there...the following monday this took place . . . . Avnet offers 94% premium for Marshall Electronics distributors strike $830 million deal By Sam Ames, CBS MarketWatch Last Update: 4:51 PM ET Jun 28, 1999 NewsWatch Join the discusison PHOENIX (CBS.MW) -- Shares of Marshall Industries jumped 78 percent Monday after Avnet offered to buy the electronics distributor at $39 a share, a 94 percent premium over Friday's closing price. Avnet vs Marshall Avnet (AVT: news, msgs) said it will acquire Marshall for $830 million in the half-stock, half-cash deal. Marshall (MI: news, msgs) shareholders can choose to receive $39 a share in cash or .81569 shares of Avnet for each Marshall share. Shares of Marshall stock rose by 15 11/16 to 35 13/16. Shares of Avnet fell 2 5/8, or 5 percent, to 45 3/16. Marshall Industries and its wholly-owned subsidiary Sterling Electronics, will be merged into Avnet's Electronics Marketing business unit and reportedly create the largest distributor of electronic components in North and South America. Today on CBS MarketWatch Economic Preview: Fiscal checks and balances Will Bank of Japan's yen interventions work? Health-care stocks struggle to regain glory days TheStreet.com plans U.K. site Bell Atlantic confirms U.S. cellular talks with Vodafone More top stories... CBS MarketWatch Columns Updated: 9/12/99 5:32:52 PM ET Roy Vallee, chairman and CEO of Avnet, said in a statement that the acquistion " is expected to be accretive to Avnet's earnings per share in the twelve-month period following the merger." Eurotronics stake As part of the deal, Avnet will take on a 16 percent stake in Eurotronics BV, a Netherlands-based electronics distributor. Vallee also said that Avnet has offered to purchase the remaining 84 percent of Eurotronics from Sonepar Electronique International and is currently in negotiations over the deal. Marshall Industries reported sales of $1.7 billion in its last fiscal year. Avnet, one of the largest worldwide distributors of electronic components and computer products, is expected to have sales in excess of $6.3 billion during its fiscal year to end on July 2, 1999.