Whilst most of us rightly caution against any war on Iraq the share price of BAA has continued to decline sharply after the security issues of the last week.

You can't call the bottom of the market but you could certainly be forgiven for seeing the sense in buying BAA now. Regardless of volatility over the next few months the real share price will never return to these levels in future years.

The old adage holds true that people sell on rumour and buy on facts.

IMHO

Offer made for BAA, up 20% so far.

Selling off the family silver ! I bet the French wouldn't flog off their their airports to a bunch of foriegners!

There again I've no holding in BAA so just being bitter ;-)

BAA probably trying to head off any UK threat for breaking them up........not certain if the Government still have some form of Golden Share but BAA have far to much of a strangle hold over the south east airports & that is not good users or people who live around the airports.....they have gone from a state monolopy to a PLC one..........