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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: Tim Luke who wrote (45469)5/26/1999 1:04:00 AM
From: kathyh  Read Replies (1) | Respond to of 90042
 
i know you have tim, and that is why i bought some osi... and then bought some more, and then bought some more today... although of course i did my dd, and assume full responsibility for my own trades...

it will be real interesting to see what they have to say at that meeting on thursday, unless of course, they say it sooner...

btw, i reallly like your idea for the new site regarding short term trades... i am real happy with the stocks i have right now, and intend to hold them until they meet the goals for which i bought them...

but since i buy and hold those position plays, not trading in and out, it will be nice to have your suggestions for some income producing trades with a short time frame...

i am sure looking forward to thewallstreetinvestor.com... as i know many here are...

kathy :)



To: Tim Luke who wrote (45469)5/26/1999 3:45:00 AM
From: Glenn  Respond to of 90042
 
With that kind of energy, I suggest you buy some.
Smiles,
Glenn

PS CBS apparently is going to buy some.



To: Tim Luke who wrote (45469)5/26/1999 8:38:00 AM
From: kathyh  Read Replies (1) | Respond to of 90042
 
good morning all... osi article... third time's the charm??

chicagotribune.com

CBS EXPLORES OUTDOOR SYSTEMS DEAL FOR 3RD TIME

May 25, 1999

The third time around may be the charm for CBS Corp. chief Mel Karmazin in wheeling and dealing to bring Outdoor Systems Inc., one of the biggest out-of-home advertising firms, under his wing.

Karmazin and Bill Apfelbaum, president and CEO of CBS' TDI billboard business, the top player in advertising on buses, once again are trying to wring out a deal with Phoenix-based Outdoor Systems, sources report. The latter within the last three years has gobbled up Gannett Outdoor and 3M's National Advertising Co., also an outdoor advertising firm.

The rumors of such a deal have been flying around Manhattan, as well as on the West Coast, insiders saying auditors representing CBS recently have pored over the books at Outdoor Systems.

The problem: Karmazin isn't willing to come up with the price, reportedly as much as $3.5 billion, asked by Outdoor Systems. CBS is trying to figure out a way to cut costs if the deal goes through.

"The trouble is that Outdoor Systems has been run as a lean operation, and cutting costs may not be so easy," says an insider. "But Karmazin is more serious than ever about this deal."

CBS picked up TDI when it bought out Infinity Broadcasting Corp.

Bringing Outdoor Systems into the fold would give CBS even more clout with advertisers seeking a one-package deal, using a variety of media.

CBS already has such a package, having formed only last November its CBS Plus Division, which embraces 160 radio and 14 TV stations (two more being added), cable and TV networks, and presence on the Internet, along with the TDI business.

As of the end of 1998, Outdoor Systems had 112,500 billboards, posters and transit ad locations in North America and Mexico, most of them in the U.S.

Representatives for CBS and Outdoor Systems said they don't routinely comment on rumors.