Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Vodafone-Airtouch (NYSE: VOD) -- Ignore unavailable to you. Want to Upgrade?

To: David Wiggins who wrote (615)	1/6/1998 2:52:00 PM
From: Roy F	Read Replies (2) \| Respond to of 3175

PaineWebber singles out potential takeover targets January 6, 1998 01:11 PM NEW YORK, Jan 6 (Reuters) - The torrid rate of mergers and acquisitions is expected to increase in 1998 as companies with strong cash flows and buoyant shares seek revenue growth and economies of scale, among other motivations, according to PaineWebber Group Inc strategist Edward Kerschner. Kerschner identified dozens of potential acquisition candidates in a report released this week and singled out 31 rated PaineWebber "attractives" or "buys," including America Online Inc AOL , Digital Equipment Corp DEC and Schering-Plough Corp SGP . In addition the economic scale, the M&A market will be stoked further by companies looking for broader market scope to offer "one-stop shopping", vertical integration, new technologies, hard-to-duplicate assets, stronger competitive defenses, international expansion and responses to deregulation, according to Kerschner. The remaining companies rated favorably by PaineWebber and listed as potential takeover candidates are: AirTouch Communications ATI , Alkermes Inc ALKS , Arvin Industries Inc ARV , Bay Networks Inc BAY , Bemis Co Inc BMS and Century Telephone Enterprises Inc CTL . Further, Knight-Ridder Inc KRI , MCN Energy Group Inc MCN , Money Store Inc MON , New York State Electric and Gas Corp NGE , Nextel Communications Inc NXTL , Nipsco Industries Inc NI and Nuevo Energy Co NEV . Additionally, PriCellular Corp PC , Sofamor Danek Group Inc SDG , Sonat Inc SNT , St. Jude Medical Inc STJ , Sunbeam SOC , Texas Biotechnology Corp TXB , Unocal Corp UCL , Vantive Corp VNTV and Veritas DGC Inc VTS . ((--Brendan Intindola, N.Y. Equities, 212-859-1734. e-mail: brendan.intindola@reuters.com)). REUTERS