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Non-Tech : DEATHcare Stocks-Grim Reaper of Profits? -- Ignore unavailable to you. Want to Upgrade?

To: HairyWho? who wrote (55)12/11/1997 4:29:00 PM
From: Bob Linhart  Read Replies (2) | Respond to of 114
 
HairyWho,
Option related purchases don't excite me as much as market transactions. Chairman Ray is buying millions of shares of LWN on the open market. He is paying the same price as you or I would. As you stated He already has enough to block a takeover; if he wanted to. Perhaps he changed his mind about selling out and wants as many shares he can get his hands on to sell @ $45-50. Just speculation. But he is betting big bucks on the value of LWN. Thats makes me comfortable holding shares of LWN.
Good Luck
Bob



To: HairyWho? who wrote (55)12/11/1997 11:12:00 PM
From: Brad Zelnick  Read Replies (1) | Respond to of 114
 
My source - Vickers or Disclosure, I believe indicated market price for Ray's buys; but you certainly could be right. Seems to me that I have trouble getting a $1.95 deal at Burger King, much less at Forest Lawn or NYSE.

Maybe we could get Spree to lay off PJ for a while and go for Ray.

Buyout at 27 doesn't make me jump up and down. I was hoping that they were ringing out expense, and building franchise.

Brad


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