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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: Glenn who wrote (33561)4/28/1999 11:32:00 AM
From: Jetter  Read Replies (1) | Respond to of 90042
 
<WALB> In play today? Looks like its up over $7 on buyout rumors...

According to the Bloomberg Letter, WALB was a potential target for a buyout. It was mentioned in the same paragraph as a potential buy for Siemens AG ( a German conglomerate)

But this was just a "rumor" I have no clear proof. Although WALB is big in Blow-molded, Plastic fuel tanks. They are big in Europe and still to grow here in the states. The Plastic gas tank connection may best fit a European owner..... Since BMW & Mercedes are building cars in the US now and VW will soon be producing in Mexico.

Any thoughts?

Regards,
Scott