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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: milesofstyles who wrote (9728)	12/29/1997 6:44:00 AM
From: Ocote	Respond to of 79298

artg to merge at 5.70 per share Thanks, I'll copy a little of the info related to MDC, the buying company: NEW YORK, Dec 24 (Reuters) - Salomon Smith Barney analyst Michael Millman said Wednesday he initiated coverage of MDC Communications Corp [AMEX:MDQ - news] with a buy rating. -- Millman said stock has ''good upside potential. It's been down a lot in the last year, primarily because one of their three businesses, non-retail catalogue, has underperformed and skewed the value in the other two segments,'' security and special products and marketing services. -- said company ''allowed product offerings in catalogue business to get a little stale...'' -- expects company to earn C$0.75 per share in 1998 after a ''small loss'' in 1997. -- shares rose 4/16 to 6-5/16 on the American Stock Exchange. The MDQ chart may turning around as well. It doesn't have the long basing pattern. Will look more closely tonight. Ocote