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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Sosmartinov who wrote (6760)1/11/1999 8:24:00 AM
From: JustInTime  Respond to of 90042
 
Re: the ASND LU takeover effects:

My take on how this will affect other stocks is as follows:

LU has already publicy stated that they intend to buy several (6-8?) companies...my guess is that they already know who they are, that ASND is the largest of them (so that they do not have to try and better the offer made to ASND when they takeover and even bigger company)...I think many of the other takeover candidates may benefit w/increased stock price in anticipation of LU making its next move...my favorites in this category: AFCI, CIEN, XYLN, PAIR, WSTL.

Opinions?