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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (4520)3/30/2001 10:16:56 AM
From: Jack T. Pearson  Respond to of 52237
 
Big blocks being sold. Small blocks being bought.



To: Paul Shread who wrote (4520)3/30/2001 10:39:28 AM
From: dawgfan2000  Read Replies (1) | Respond to of 52237
 
AmEx may be target, especially of Citigroup - report

NEW YORK, March 29 (Reuters) - Citigroup chairman Sandy
Weill may be interested in purchasing credit card giant American Express (AXP.N), according to a report in Business Week magazine.

Investors said that Citigroup, with assets of $900 billion
and a market value of $230 billion, could potentially afford
AmEx, which has assets of $155 billion and a market capitalization of $53 billion, the report said.

The article cited a money manager who said that American
Express could fetch a total of about $55 per share. Another
manager said the company is worth $70 per share.

Shares of American Express closed at $38.96 on the New York
Stock Exchange on Thursday, below a 52-week high of $62.81 and above a low of $34.25.

Morgan Stanley Dean Witter (MWD.N) and American International Group (AIG.N) are also in the running for AmEx, the report said.

American Express officials were not immediately available for comment.

SOX taking a hit today too, down almost 5% @ 542.



To: Paul Shread who wrote (4520)3/30/2001 10:53:07 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
So PAUL, do we go with the 3-WHITE SOLDIERS or the negative 3-DAY PATTERN. Heck if I know.

CNBC had a very refreshing interview with MARK CUBAN, co-founder of BROADCAST.COM, and now owner of DALLAS MAVERICKS.
One of the few INTERNET BILLIONAIREs(on paper) who got out in time. It was interesting that when he got out YHOO(which bought BROADCAST.COM) was only in the 100's, and eventually ran to the 250 range, at which time he was questioned/critisized for getting out too early. Well, YHOO is now is in the teens so he did the right thing. He didnt hit it perfectly, but still walked away with about 2 billion. Lets put it this way, even though he did not get out anywhere close to the highs, about halfway, he did dramatically better than most internet paper billionaires/multi-millionaires. So its fair to say, he was able to control his greed.