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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: toro who wrote (60533)9/17/1999 8:52:00 AM
From: jimbos  Read Replies (1) | Respond to of 90042
 
May want to keep an eye on ZD. About 6 weeks ago they hired MSDW to explore options of selling off either portions of or the whole company. ZD was trading around 14 at the time. Shot up to 19 or so on the news. Has trickled back down. This week there was rumors of Rupert Murdoch being interested in buying ZD. Both sides denied the rumors. Today on Bloomberg, there's a blurb that ZDZ which ZD owns 80% of could be bought for $45 per share. Who knows it it's true, but it seems ZD is near a bottom, with a lot of options to maximize shareholder value being tossed around.



To: toro who wrote (60533)9/17/1999 8:53:00 AM
From: Stuart T  Respond to of 90042
 
08:48 ET Greenspan : The Fed Chairman's speech was just released, but it is entirely focussed on Y2K and contains no policy revelations. Greenspan sounds relatively optimistic that Y2K disruptions will not be severe. His speech is having no impact on the Treasury market.


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