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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (4577)	1/6/1998 5:10:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Mergers and Acquisitions: PaineWebber singles out potential takeover targets 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.N>, Digital Equipment Corp <DEC.N> and Schering-Plough Corp <SGP.N>. 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.N>, Alkermes Inc <ALKS.O>, Arvin Industries Inc <ARV.N>, Bay Networks Inc <BAY.N>, Bemis Co Inc <BMS.N> and Century Telephone Enterprises Inc <CTL.N>. Also, Consolidated Natural Gas Co <CNG.N>, Data General Corp <DGN.N>, Eclipse Surgical Technologies Inc <ESTI.O>, FORE Systems Inc <FORE.O>, Genzyme Transgenics Corp <GZTC.O> and Harnischfeger Industries Inc <HPH.N>. Further, Knight-Ridder Inc <KRI.N>, MCN Energy Group Inc <MCN.N>, Money Store Inc <MON.N>, New York State Electric and Gas Corp <NGE.N>, Nextel Communications Inc <NXTL.O>, Nipsco Industries Inc <NI.N> and Nuevo Energy Co <NEV.N>. Additionally, PriCellular Corp <PC.A>, Sofamor Danek Group Inc <SDG.N>, Sonat Inc <SNT.N>, St. Jude Medical Inc <STJ.N>, Sunbeam <SOC.N>, Texas Biotechnology Corp <TXB.A>, Unocal Corp <UCL.N>, Vantive Corp <VNTV.O> and Veritas DGC Inc <VTS.N>. ((--Brendan Intindola, N.Y. Equities, 212-859-1734. e-mail: brendan.intindola@reuters.com)).