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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (63215)11/22/2000 1:00:53 PM
From: Sojourner Smith  Respond to of 122087
 
NITE did not have to post a loss.
They took their European expansion loss
all in one quarter. Why?
Some speculated that it was make buyout
more desireable show the buyer could show gains.
IMO NITE will be bought out within 2 months
for between $40-$50.

EAII was an example of this same thing
where they were sued and then bought out.