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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (17994)	12/22/1998 6:49:00 AM
From: Larry S.	Read Replies (1) \| Respond to of 53068

TWX - 207.95.154.130 (10 year chart). Jenna I owned Warner Brothers in the 80's when it merged with Time. I held a small position thru the narrow trading range from 1989-97, waiting for this wonderful combination of assets to get in gear. I think the acquisition of CNN was the spark, and the dynamism of Ted Turner to "kick butt". Also the undervaluing of its very large cable assets. Anyway, TWX broke out in early 97 and is still going. I recently added to my position at 51 (102 pre-split) and feel the stock is in the middle of a major move. The long basing period (painfully long, I might add) lays the basis for a truly significant move. I also view TWX as one of two likely acquirers of CBS, the other being Diller/Bronfman/USAI/VO. larry