Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 47.99

+3.2%

Dec 8 4:00 PM EST

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To: Chip McVickar who wrote (5605)	11/20/2002 2:10:18 PM
From: Peace	Read Replies (1) of 207249

The merger will be completed via an exchange of stock. AT&T shareholders will receive 0.3235 Comcast Class A common share for each share of AT&T owned as of Nov. 15, the record date. This would imply take the 11/18 closes of T (13.51) and CMCSA (26.23) of 13.51 -(0.3235*26.23) = 5.0246 as the adjusted close and with the split 25.12. SO the adjusted close for 11/18 should be 25.12 on 11/19 T closed at 27.20 for a gain of 2.08.

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