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To: Jim Bishop who wrote (94990)10/28/2001 3:05:05 PM
From: Sprintcar   of 150055
 
Boy that Bishop what a troublemaker, now he's picking on some poor guy from Kosovo, sheesh......

Bishop are you Irish............ROFLMAO

sprintcar

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To: Sprintcar who wrote (94991)10/28/2001 3:28:51 PM
From: Jim Bishop   of 150055
 
LOL, seems I can get in trouble for the most innocent of posts....ya try to help someone out, and stop the spread of hoaxes, and if ya do it on RB.....the nuts come out of the woodwork.

Nope, I'm not Irish, but I did figure out how to make those big letters, and colors, and links, on RB profiles, by clicking on IRISHBULL profile, then right clicking, then clicking on "view source" and copying and adjusting the html and adding some fancy stuff to my RB profile.

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To: Jim Bishop who wrote (94978)10/28/2001 6:31:31 PM
From: The Osprey   of 150055
 
ENGA---saw it on a scan Jim...Not sure what is up but when they do this kind of volume I watch them.I traded RPTR on friday and bought it back for a week-end hold.It was either RPTR or ENGA..I flipped a coin...LOL...DNAP looks like it will be moving on monday by the amount of coverage it is getting on the boards.

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To: Jim Bishop who started this subject10/28/2001 6:32:08 PM
From: dkgross   of 150055
 
Ya'll remember GMCH (Gourmet's Choice Coffee)???

theadmanager.com 

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To: Buckey who wrote (94966)10/28/2001 6:43:02 PM
From: The Osprey   of 150055
 
Think you meant DNAP didn't you Buckey.Yes with all the coverage on the boards and posts this should trade upwards nicely on the open.

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To: The Osprey who wrote (94993)10/28/2001 6:54:00 PM
From: Jim Bishop   of 150055
 
I flipped out of RPTR but then I was in a few days earlier...earnings come tomorrow and if they are good, it should go again...hell these days even if not so good, it could move.

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To: The Osprey who wrote (94995)10/28/2001 7:02:33 PM
From: Jim Bishop   of 150055
 
COST chart still looking pretty good. Should see another blip when my wife's truckload of supplies boat today are processed.


chart.bigcharts.com 

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To: Jim Bishop who wrote (94996)10/28/2001 7:14:48 PM
From: The Osprey   of 150055
 
Yes times are Good Jim and I think they are just getting started.That huge surplus of money sitting on the sidelines in Money Market accounts and other sundry instruments will start to trickle in and when the markets start to show good solid upward performance we will see another quick bull run IMHO....As to COST......every time my lady goes there the stock price goes up.She will be there on wednesday.Let's see if it holds true....LOL

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To: Jim Bishop who started this subject10/28/2001 8:57:06 PM
From: Jim Bishop   of 150055
 
CHRONOLOGY - Key developments in Hughes talks
By Derek Caney

NEW YORK, Oct 28 (Reuters) - General Motors Corp. (NYSE:GM - news) on Sunday agreed to sell its satellite television unit Hughes Electronics Corp. (NYSE:GMH - news) for $25.8 billion in cash and shares to EchoStar Communications Corp., according to a source familiar with the negotiations.
Following are key events in the talks:

2000

March 23, 2000 - Speculation that Hughes Eletronics is in play is kicked off as General Motors shares rise 6 percent on reports that Rupert Murdoch's News Corp. and cable magnate John Malone are interested in buying the automaker in an effort to gain control of the parent of DirecTV, the largest U.S. satellite television service.

June 20 - News Corp. files to spin off Sky Global Networks, the company's array of satellite TV services that stretch from Europe to Asia to Latin America.

Sept 8 - GM says it's talking with a wide range of companies about how to unlock full value of Hughes in an effort to generate cash.

Sept 28 - News Corp. becomes the largest shareholder in Gemstar-TV Guide International, which owns an interactive program guide designed to navigate the expanded channels made possible by satellite and digital cable technology.

This deal is expected to strengthen News Corp.'s Sky Global assets and its chances to pursue Hughes. The deal also makes John Malone a shareholder in Sky Global.

Oct 18 - Murdoch says he's seeking U.S. partners for News Corp.'s Sky Global networks of satellite television properties. Malone, whose Liberty Media Corp is a News Corp. stakeholder, suggests Microsoft Corp and confirms he's been in talks with both DirecTV and EchoStar.

Nov 14 - EchoStar says in a filing with the U.S. Securities and Exchange Commission it is interested in negotiating with GM if it decided to spin off all or some of Hughes. But EchoStar says in the filing that GM was unwilling to talk.

Dec 19 - Hughes confirms it is in talks with News Corp. and other interested parties for possible combinations.

2001

Feb 7, 2001 - News Corp. and GM agree to the framework of plan to merge Hughes with News Corp.'s Sky Global system that stretches from Europe to Asia to Latin America. The combined entity would then be spun off.

Microsoft, hoping to gain a potentially huge customer for its interactive TV software is said to be contributing up to $5 billion in cash, while Malone is believed to be contributing $500 million to $1 billion in cash.

Early March - News Corp enters talks with No. 2 U.S. satellite broadcaster EchoStar as a fall back if a deal with Hughes cannot be reached. Although a combination is widely seen as unlikely given Murdoch and EchoStar head Charlie Ergen's stormy relationship.

March 10 - Hughes Chief Executive Michael Smith favors raising $6 billion in debt to buy out GM and take the entity independent. He reportedly approaches Microsoft to defect from the News Corp. offer and take a stake in the Smith-led independent entity. Smith also reportedly approaches General Electric's NBC television network and SBC Communications.

March 16 - News Corp. expresses frustration with pace of Hughes talks. Sources claim Hughes Chief Executive Michael Smith won't relinquish control of the combined entity. Opponents say the News Corp. is offering a paltry premium.

March 30 - Hughes' Smith shoots down News Corp.'s proposal, saying it shortchanged Hughes shareholders and denies his personal ambitions have any role.

April 23 - Murdoch meets with GM executives to pitch his merger proposal and agrees to reduce his stake to 30 percent. The meeting paves the way for formal talks.

May 1 - GM and Hughes enter formal talks with News Corp.

May 3 - EchoStar's Ergen says its combination with Hughes would provide the greatest value to Hughes shareholders.

May 24 - EchoStar says GM is willing to talk about a possible combination with Hughes. It also prices $1 billion in convertible notes to raise cash for a possible bid.

May 25 - Hughes' Smith resigns, removing one of the most staunch opponents of the News Corp. proposal. General Motors Vice Chairman Harry Pearce assumes the role of chairman. Jack Shaw is named chief executive.

May 29 - EchoStar reaches out to telephone companies as possible partners for a takeover bid.

June 11 - Hughes cuts its net subscriber addition forecast for the second time this year to 1.3 million from 1.5 million to 1.7 million, attributing the shortfall to distractions from takeover talks and weakening demand.

June 13 - Reports circulate that EchoStar is lining up financing for Hughes takeover bid.

June 26 - Hughes Chief Financial Officer Roxanne Austin is named president of DirecTV, the latest in a series of management moves aimed at getting the company back on track after distractions from the negotiations.

July 16 - Hughes disappoints investors with lackluster second quarter results and cuts its expectations for 2001 net subscriber additions for the third time during the year. Shares fall nearly 8 percent on the day.

Aug 5 - EchoStar announces an unsolicited bid for Hughes Electronics then valued at $30.4 billion in stock. The deal would combine the top two U.S. satellite television services, raising possible regulator concerns. Ergen says he's confident a deal would gain regulatory approval.

Aug 6 - EchoStar's Ergen says he's willing to add cash to the deal. He discloses that earlier in the year he offered $5.5 billion in cash plus the assumption of $1.5 billion in debt for PanAmSat, Hughes satellite communications unit.

Aug 14 - A Grupo Televisa executive says News Corp. would control the combination of Sky Global and DirecTV's Latin American assets if its takeover bid were successful, with Televisa and Brazil's Organizacoes Globo SA's stakes reduced. Analysts warn of a regulatory battle.

Aug 16 - In his first public statement since EchoStar's unsolicited takeover bid, Murdoch says his deal offered a healthy premium to Hughes share price and at least as much cost savings and incremental revenue as EchoStar.

Aug 19 - EchoStar introduces an unspecified cash component to its takeover offer.

Aug 23 - DirecTV announces it will cut its workforce by an unspecified amount.

Aug 24 - Hughes announces it would cut 10 percent of its U.S. workforce in an effort to cut costs.

Sept 18 - GM acknowledges that decline in Hughes share price following the Sept. 11 attacks makes a deal tougher.

Oct 17 - Hughes reports better than expected third quarter results.

Oct 18 - UBS Warburg, EchoStar's financial advisor, agrees to provide financing for EchoStar effort.

Oct 24 - Deutsche Bank AG agrees to provide additional $2.25 billion in financing to EchoStar effort, matching UBS Warburg's contribution.

Oct 27 - News Corp. withdraws its proposal after Hughes' parent GM fails to choose a buyer at its board meeting.

Oct 28 - News Corp. approves at board meeting to sell Hughes to EchoStar for $25.8 billion.

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To: Jim Bishop who wrote (94999)10/28/2001 8:59:19 PM
From: Jim Bishop   of 150055
 
Postal workers told to take Cipro alternative
By Chris Baltimore

WASHINGTON, Oct 28 (Reuters) - Some U.S. postal workers have started to take an antibiotic called doxycycline, a less expensive alternative to the anthrax medicine Cipro, after getting the green light over the weekend from federal health officials, the U.S. Postal Service said.

The postal service took action after getting an advisory on Saturday from the Centers for Disease Control and Prevention and the Washington, D.C., Department of Health, a USPS spokesman said on Sunday.

Studies ``support the use of doxycycline as the drug of choice ... both for newly identified individuals and for completion of the course in those previously started on (Cipro),'' the CDC said in an advisory issued late on Saturday to area postal workers on its Washington Web site.

``They (federal health officials) made an announcement that that's what they're providing for postal service employees,'' a USPS spokesman said.

Only ``a small fraction'' of the estimated 6,000 Capitol-area workers on medication after possible exposure to anthrax had begun taking the new drug, the spokesman said. ``It's just a matter of what they provide.''

``Doxycycline has less side effects and is more readily available ... so they made the switch to doxycycline,'' the USPS spokesman said.

Two postal workers at the Brentwood facility in Washington, which processes mail for the U.S. Capitol, contracted inhalation anthrax and died, apparently after handling or being near a tainted letter sent to Senate Majority Leader Tom Daschle.

Anthrax tests are nearly ubiquitous at federal government sites after traces of the potentially fatal bacteria turned up in remote mail facilities that serve the White House, State Department, Supreme Court and CIA.

Anthrax has killed three people and infected at least 11 others in the United States. Thousands of people have been tested or treated for the rare disease since the Sept. 11 air attacks on the United States.

Miami-based Ivax Corp. (AMEX:IVX - news) said on Friday it would supply the U.S. government with more than 1.2 billion doxycycline tablets as federal health officials build a national stockpile of drugs to treat anthrax.

That announcement came after the government signed a deal with Bayer last Wednesday to supply 100 million tablets of Cipro.

Scientists have praised doxycycline as a cheaper drug with fewer possible side effects than Cipro, the brand-name drug made by German firm Bayer AG .

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said doxycycline was being recommended now because it had fewer side effects than Cipro, the antibiotic first prescribed to those affected.

``It's more available. It's potentially less toxic ... and it's much more inexpensive, Fauci told CNN's ''Late Edition."

Fauci echoed comments by CDC Director Jeffrey Koplan on Friday. Although Cipro has become a ``panacea'' for curing anthrax, the CDC would ``recommend it in the same breath as doxycycline, which would be just as good,'' Koplan said on a phone conference with reporters.

Bayer last week agreed to sell Cipro to the government at a steep discount of 95 cents per tablet for its branded product. That figure is still double the over-the-counter price of doxycycline, which normally sells for between 45 cents and 50 cents each in drugstores.

U.S. Health and Human Services Secretary Tommy Thompson has said the government aims to compile enough anthrax treatments to treat 12 million people over a 60-day period.

Many antibiotics are taken twice a day, meaning at least 1.44 billion pills would be needed for the stockpile.

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