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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: RavenCrazy who wrote (8856)10/21/1998 11:34:00 AM
From: myturn  Respond to of 25711
 
CRNC, I just got off the phone with them and they will be making an announcement next week of a merger.

They would not go into details at this time but they said the merger is a done deal. It will not be a letter of intent.

The company told me the expect the announcement alone will push the current price up to the $2-$3 level because of the small float.