| StockTradersPress.com |
| A
Corporate Communications Corp. Publication ---- All
Rights Reserved |
| Take
Profits |
August
18 , 2004 |
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Take Profits -- Prime Hospitality
(NASD) PDQ
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| This recent Stock Traders Press
recommendation has seen appreciation. |
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| Today, the Blackstone Group
announced that it will acquire Prince Hospitality
at $12.25 per share in cash. Since the board of directors
of Prime Hospitality has approved the offer, there
is very little likelihood of a higher bid price.
Consequently, we recommend the sale of the stock.
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| Prime Hospitality (NYSE)
PDQ |
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| Action: |
Take Profits |
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| Recommended |
9/23/03 |
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| At |
$8.98 |
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| Price Today |
$11.96 |
|
| Point Gain |
$2.98 |
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| Actual Gain |
33.2% |
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| Days Held |
330 |
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| DJIA |
10,057.31 |
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| S&P 500 |
1,092.77 |
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| NASDAQ |
1,826.0 |
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