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Non-Tech : Carter Wallace CAR Possible Takeover?!? -- Ignore unavailable to you. Want to Upgrade?

To: Alfred W. Post who wrote (18)10/2/2000 10:35:30 PM
From: MJ  Respond to of 24
 
Good evening

You are right CAR does not generate a lot of excitement. The company is closely held which means the Board controls the company.

In the recent market it has been strong in comparison to other stocks----gaining 20%. I bought more this past week with the thought of holding short term as I believe, like you, that there is now something going on.

With the dividend this is the kind of stock which can be held while waiting for a move or a buyout. Not a very glamorous approach like the internet stocks which double and triple.

Check in on the Yahoo board on CAR----there is a little more conversation there re the stock.

I checked your bio---you certainly have a lot of experience in investing. Look forward to your input on CAR.

mj



To: Alfred W. Post who wrote (18)12/5/2000 11:00:56 PM
From: MJ  Read Replies (1) | Respond to of 24
 
There has been a change in the leadership at Carter.

Question continues as to whether or not this is a take over possibility still or simply a change in the board.

Stock has had a good move in recent months---so irregardless has been a good stock in a down market.

mj


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