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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (4135)	3/28/1999 4:43:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 15132

Mr. GJ: RE:< Another Merger Monday? > Should be interesting to see if ARCO is gulped up by BP-Amoco. I wonder when Texaco will be gobbled up. Hope they offer the TX employees a good package at that time :-) P

To: MrGreenJeans who wrote (4135)	3/28/1999 10:06:00 PM
From: Lars	Respond to of 15132

MrGreenJeans, >>> Just Another Merger Monday? >>> I wonder how long before the consultants start telling everyone about the benefits of spinning off companies again. Just part of the cycle. I see it every day. People who have no clue about a business or industry making recommendations that are short term and sophomoric. I recently read an article that looked at mergers in depth over the last 15 years I believe. It said that in 90%+ of the cases the shareholders would have been better off without the merger. You have to have some mantra to get paid $200 an hour. I have always wondered why we have CEOs. HA!