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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (8061)8/24/1998 12:33:00 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Joe,

Like your CMP and still studying up on it. Looks like another blood
bath on the Asian markets for their Mon. HK, Nikk, Aust. all down
"amid global woes" Maybe we should still sit out for a bit more.

Just one to watch for a trader (I know Sergio Hates fast money),:-)
But, UCOR is in the midst of a hostile take over. Bid is 7.50 closed at 5 7/8 on Fri. from traders (okay I was one) anyway, UCOR has rejected the bid. The bidder has 3% of the stock now and I think maybe buying more. UCOR placed a pill on the 17th. Bidder went public with the bid on the 20th, stock popped over 1.
Interestingly when UCOR rejected, they left a door open to "re-analyze
the bid, near term" I took that to mean that they may entertain a higher bid. Like I said, a trader, news driven stock.

Ken