The timing on this is so miraculous I'm tempted to accuse myself of
insider trading. (Of course, if that were the case, I certainly would
have bought a good bit more.) BTW, I'm staying long on LHSPF.
- dan
-- Daniel Kohn <dan@teledesic.com> Teledesic Corporation PGP KeyID: 0x6129DD6D +1-425-602-6222 (voice) 602-0002 (fax) http://www.teledesic.com
> -----Original Message----- > From: InfoBeat [SMTP:finance@infobeat.com] > Sent: Friday, September 05, 1997 5:03 PM > To: Dan Kohn > Subject: Finance - Full Closing Bell @ 09/05/97 (4 stories) > > > SYMBOL CLOSE CHANGE HIGH LOW VOLUME %CHNG > LHSPF 31 7/16 +3 15/16 31 1/2 29 5080 +14.3% > > * LERNOUT & HAUSPIE SPEECH PRODUCTS rose in heavy trade Friday > after favorable comment on the company in Business Week magazine. > In its Sept 15 issue, Business Week quoted Andrew Abrams of CWH > Associates, a hedge fund manager, as saying he expected MICROSOFT > CORP to put the software in its next operating system or develop > it as a stand-alone product. "Either way, he expects Microsoft > will announce plans at (the) COMDEX (trade show) in November," the > article said. "Abrams projects Lernout & Haspie to earn $0.90 a > share in 1997; $1.50 in 1998. Selling at 18 times earnings, it's a > bargain for a company whose profits he expects will grow at a 40% > rate." (Reuters 11:17 AM ET 09/05/97) > > http://www.infobeat.com