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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (6117)	1/14/1999 9:50:00 AM
From: Spunky Beaver	Read Replies (2) \| Respond to of 18998

FYI for Pink-O-Philes Here's a speculative play that I'm in. Volvo management is on record as wanting to sell it's car division. Ford, Fiat, and Volkswagen have all been talking to Volvo over the past 4 months. The news this morning indicates that Ford is still talking to Volvo and has been for the past week and a half. Volvo opened up down a few fractions instead of gapping up! Currently trading at 26 3/4 with a P/E of less than 9. What else is there to say? I like it. Now tell me what's wrong with my logic. Thanks.