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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (14341)5/14/1999 10:17:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
Rumors?

DISNEY IS IN NEGOTIATIONS TO BUY OUT INFOSEEK.THEY HAVE BEEN MEETING AND A DEAL WILL BE ANNOUNCED VERY SOON.DISNEY CURRENTLY OWNS OVER 40% OF (SEEK)AND WANTS TO OWN ALL OF INFOSEEK. DISNEY WANTS TO GET INTO THE WEB IN A BIG WAY.INFOSEEK HAS THEIR ANNUAL MEETING TOMMOROW(MAY 15)AND THIS STOCK WILL FLY UP NEXT WEEK.

LOAX HAD ITS QUIET PERIOD ENDING MONDAY AND ANNOUNCE BIG POSITIVE NEWS. CEO WILL BE ON CNBC.