There is nothing stock traders and tape watchers like better than a good rumorthe wilder the better. Last week Wall Street heard a pack of them, all concerning Natus Corp. (formerly National-U.S. Radiator Corp.). First reports had Natus merging with Glasspar, a major fiber-glass-boat maker. Another version was that NAFI, which spurted to new highs when it acquired Chris-Craft, the nation's leading motorboat builder (TIME, Feb. 15) was buying into Natus. Only one thing was certain: there was a rush to buy Natus.
In one day the stock, which traded only a total of 280,000 shares during all of last year,...