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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tony van Werkhooven who wrote (2718)3/20/1998 1:24:00 AM
From: Stitch  Respond to of 9980
 
Tony,

<<SIDBY was not down nearly as much as expected (-5% vs -45%).>>

It has caught me by surprise as well. In fact, its up 4 sen in trading so far today at 4.30 per share, only 60 sen off its trading range when I saw it before they announced the problems. Go figure. I guess "dem dat know" know the fix is in. Actually I shouldn't be so glib. Truth is I haven't done the math and guess that the divestiture will pencil out favorably. I'll look into it and get back.

Best,
Stitch