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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (258)1/6/1998 6:18:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 18691
 
betty

Yes I did and I have some swamp land in Florida for sale also! It's amazing to me how some people get hired in the securities business as they do!

Hank



To: MulhollandDrive who wrote (258)1/6/1998 6:23:00 PM
From: Eric Klein  Read Replies (1) | Respond to of 18691
 
WSJ 1-6-98 Heard on the Street

PaineWebber Strategist Lists Potential Takeover Targets

...
Now he is urging people to pick stocks that might also get taken over. The top six among those, he says, are America Online, Nextel Communications, utility holding company Nipsco Industries, ScheringPlough, medical-device company Sofamor/Danek and Sunbeam Corp.
...
AOL target $125.
...
"Although the shares of many target companies carry high rice-earnings ratios by the standards of recent history, so do the shares of acquirers," he notes.


Yikes, who has $12 Billion lying around (AOL market value at $125)? Maybe George Soros will get patriotic (Is he even American?), after all, AOL does have "America" in it's name! I don't know, anybody with $12 Billion could probably find a better place to park their money IMHO. It takes a lot of "Meals on Wheels" deals (or whatever the name of AOL's last great market coup) to make up that kind of money.