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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (61625)	11/13/2004 9:53:49 AM
From: Fritz Hatt	Read Replies (1) \| Respond to of 65232

Hi RR, Taking profits was on my mind as well, however I sold only a few options into this rally. What's prompted you to sell? Anything fundamental, or were these just short term trading moves with good profit? My feeling is that we'll go higher yet for the rest of the year. I have some Jan options which I have to roll forward or just sell. Hope I'm not getting greedy. Congrats on the trades. Fritz

To: RR who wrote (61625)	11/13/2004 5:00:12 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

SOME VERY COOL AURORA BOREALIS PHOTOS, taken with a Nikon D70. (Via Colby Cosh.) dennis.ca When the page opens, put your cursor over the thumbnail pic & click to get the enlargement.

To: RR who wrote (61625)	11/17/2004 8:11:36 AM
From: Sully-	Read Replies (1) \| Respond to of 65232

Very interesting! 06:04 ET Kmart and Sears announce merger... Edward Lampert, chairman of Kmart, will be the chairman of Sears Holdings (KMRT) 101.22: Co's announced today they have signed a definitive merger agreement that will combine Sears (S 45.20) and Kmart into a major new retail company named Sears Holdings Corporation. Under the terms of the agreement, which was unanimously approved by both companies' boards of directors, Kmart shareholders will receive one share of new Sears Holdings common stock for each Kmart share. Sears, Roebuck shareholders will have the right to elect $50.00 in cash or 0.5 shares of Sears Holdings (valued at $50.61 based on yesterday's closing price of Kmart shares) for each Sears, Roebuck share. The current value of the transaction to Sears, Roebuck shareholders is approx $11 bln. The transaction is expected to be tax-free to Kmart shareholders and tax-free to Sears, Roebuck shareholders to the extent they receive stock. The combination of the two companies is conservatively estimated to generate $500 mln of annualized cost and revenue synergies to be fully realized by the end of the third year after closing. The transaction, after giving effect to estimated synergies, is expected to be significantly accretive to earnings per share in the first year before one-time restructuring costs. Cos will host a meeting today at 09:30 ET. Dial in number is (888) 802-8577.