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Technology Stocks : AMP - in play! ALD takeover and legislative protection -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (8)	10/9/1998 11:06:00 AM
From: Larry S.	Read Replies (1) \| Respond to of 18

AMP update: PA legislature passed bill restricting ALD ability to solicit consent agreements to change AMP's board. ALD decided to proceed with its tender for 9% of AMP stock at $44.50, below the 10% threshold that would trigger the poison pill. ALD ceo said that he is proceeding with the takeover attempt, while reviewing the courts decision. AMP up 2 + today at 39 3/4. Stochastics indicate start of bigger move. I think that AMP is in play, that either ALD will up its offer, or a white knight will come along. Stock is very attractive to me. In pers at 38 5/16. larrry