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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: RCJIII who wrote (7024)4/21/1999 9:17:00 PM
From: Intl_Guy  Read Replies (2) | Respond to of 52051
 
Yahoo ATEL post - unknown reliability

BONDS ARE BEING BOUGHT
by: Eerlee1 1129 of 1129
I heard that two large mulit-million blocks of ATEL bonds traded to a STRATEGIC buyer on Friday and again today.

This is exactly what happened just before the deals for PCTV and CAI were announced. PCTV and CAI set the floor for the price action, all subsequent purchases per subscriber LOS will be higher (just like in the cable industry). Who ever succeeds in rolling up this industry will land up eliminating a lot of overlapping SGA and ancilary costs. The proforma costs of these acquisitions could be very low after cost savings realizations.

A deal is just around the corner. The question is......how much will MCI, Sprint, AT&T or Craig McCaw pay ?



To: RCJIII who wrote (7024)4/22/1999 1:01:00 AM
From: Stock Watcher  Respond to of 52051
 
RC; on WIRL @ 2.88; ATEL @ 6.09 & ADRN @ 6.63; all had a good day; especially WIRL + 12%; all good pix...best, sw