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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Money Maker (MM) who wrote (20701)	5/22/1998 10:11:00 AM
From: TraderTerry	Read Replies (2) \| Respond to of 34592

Check out USAD. Take over rumor. Out on latest Business Week and on Briefing.com Here is the article from Business Week NEW YORK, May 21 (Reuters) - USA Detergents , which appears headed for recovery after posting a loss in 1997, could be moving closer to a deal with an interested buyer, according to the June 1 issue of Business Week. USA Detergents was once seen as a possible target for Clorox Co , Business Week said. But the company reported a string of troubles, including making mistakes in its 1996 financial statements, the closure of six plants and the resignation of its president. However, Merrill Lynch ananalyst Rommel Dionisio told Business Week the USA Detergents has made "solid progress" in its turnaround effort. Dionisio said he expects the company to earn $0.50 a share in 1998 and $0.70 to $0.75 in 1999. A company spokesman declined to comment to Business Week on any potential acqusitions.