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

To: Prince who wrote (5523)	11/7/1998 3:31:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 7247

TO ALL: here are a few stocks to keep an eye on and to do some DD this weekend on #1&2..xyln and nn both had some strong activity late friday, as you all know LU will be buying up to 6 companies with billions of $$ in the stock they are sitting on....i took a position in asnd on friday and it has made a fairly strong run in the last couple trading days but i'm a little concerned (short term only) for the late day sell off....both nn and xyln both did well for the day and i didn't check the options activity in NN buy XYLAND'S was pretty active again....IMO one or both of these companies could very well be bought by LU any day now. ASND with 200 million outstanding shares would bring a price tag of 14 billion dollars and that is a big price tag even for LU...i'm not saying it won't happen but if asnd can start to move and stay above 50 they could be bought by LU also.... #3. Cooper Companies (COO), IMO this stock is ready to break out...i will be doing more DD on it this weekend so until then you might want to add it your list.