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

To: Bald Eagle who wrote (304)	8/13/1998 12:44:00 PM
From: cardcounter	Respond to of 7247

maybe pple are hoping that soc will have the same kinda announcement as cd had today... short term up as pple realize they overreacted...

To: Bald Eagle who wrote (304)	8/13/1998 1:20:00 PM
From: cardcounter	Respond to of 7247

my guess was off by miles....heres the facts Sunbeam (SOC:NYSE) was up 1 7/16, or 20.9%, to 8 5/16 after last night agreeing to give warrants for 23 million Sunbeam shares to MacAndrews & Forbes, the former owner of Sunbeam acquisition Coleman. The move is designed to stave off possible lawsuits and to gain MacAndrews' assistance in managing Sunbeam, which has been in turmoil since ousting its former chairman, "Chainsaw Al" Dunlap, in June amid a Securities and Exchange Commission investigation. but you probably already know about this and yes, KSS did just breakk its high for the day... the 52 week high is 57.625