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To: Tim Oliver who wrote (3963)2/4/1998 10:02:00 AM
From: David Graham  Respond to of 7006
 
Timand All,

Just spoke with Alex a few minutes ago and this is not all that is to be announced. They will be announcing more acquisitions shortly but he will not tell me when. To put this in perspective I spoke with him about six o'clock last evening and he would not tell me about todays announcement. Tom Wein plans to be at one billion by years end and this comes up every time Alex and I speak. As there is nothing I have been told by them that has not come to fruition, I am using this as an opportunity to add to my position. In a personal opinion context, I asked if the earnings estimates were accurate for them from Wm. Smith and was told that they seemed very conservative.

Grammy



To: Tim Oliver who wrote (3963)2/4/1998 10:04:00 AM
From: David Graham  Read Replies (1) | Respond to of 7006
 
Tim,

What makes you think they had serious operational problems in the previous qtr.?

Grammy



To: Tim Oliver who wrote (3963)2/4/1998 10:19:00 AM
From: Jack Ucci  Respond to of 7006
 
Moderate but positive buying interest in the first half hour. We will see if some momentum is generated. I hope so.

Jack



To: Tim Oliver who wrote (3963)2/4/1998 12:55:00 PM
From: voyager.ed  Respond to of 7006
 
Tim,

I agree with you that this is a small acquisition. Until we have the details and terms and how it may fit in, we really don't know its benefit/not. They may have been working on this for a long time, or bought it a real good price, and while it never hurts to announce an acquisition, if that is your plan, last quarter earnings are far more important at this time, unless they announce a large acquisition.

regards,

Ed