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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: JEB who wrote (55733)	2/15/1999 10:24:00 AM
From: Rock_nj	Respond to of 119973

Microsoft to buy Reed Elsevier? Speculation is mounting that Microsoft is about to launch a bid for the publishing company Reed Elsevier. Both parties have so far refused to confirm or deny the rumour, but news sources claim Microsoft is planning to launch a bid soon. The Daily Mirror claims the offer could be worth up to £7 billion, valuing each share at around £7 - well over their current value of under £5. The Daily Telegraph quoted one analyst as saying: "If you can be the one-stop shop for an industry for software and information, I think that'd be a pretty compelling argument." Reed's extensive portfolio includes a number of magazines and online information services, such as the business information service Lexus-Nexis (http://www.LEXIS-NEXIS.com) www.reed-elsevier.com internet-magazine.com