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


To: LTK007 who wrote (9734)10/21/1998 9:59:00 PM
From: Sergio H  Read Replies (4) | Respond to of 29382
 
Max, some other interesting plays for tomorrow:
<In what is slated to become the largest U.S. IPO ever, Conoco, the nation's eighth-largest oil company, is scheduled to sell 150 million shares to the public for $20 to $24 per share.>
The deal would bring in $3 billion to $3.6 billion, topping the $2.6 billion raised in the United States by Lucent Technologies Inc. (LU - news) in 1996 that still holds
the record as the biggest American initial public offering ever.

Conoco is viewed as the least risky -- and hottest-- of the deals this week, because it has a long track record in the oil business.
Subject 23330
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check out SPYG
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WEEKDAY TRADER
from Barron's Online.
Wednesday -- October 21
FORE Systems, a once-hot manufacturer of gear for high-speed networks, has
seen its stock slide all the way from 40 to as low as 9 because of price
competition, a costly acquisition and disappointing earnings. But some on
Wall Street are beginning to scoop up FORE at discount prices, because they
say it's well-positioned in a growing market -- and it may even be takeover
bait.