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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 37.63+9.2%Jan 2 9:30 AM EST

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To: Stock Watcher who wrote (5631)4/6/1999 11:56:00 AM
From: Dave Gore   of 52051
 
Take a look at this arbitrage opportunity on **SHAL**

**SHAL** ALERT ("mini" CMGI) their first big IPO is trading over $20 per share
right now. SHAL follows the CMGI model for acquiring an interest in companies that
are promising, cleans them up, gets them ready, and then files them with the SEC for
taking them public.

SLNN, **SHAL's** first big company they have taken public, started trading today at
$12 and went to as high as $29 per share....and people don't understand the connection
yet between SHAL and SLNN

SHAL owns 30-35% of SLNN

SHAL has more companies going public in the next few weeks

SHAL is bringing quality IPO deals public....SLNN is a deal with Oracle and Sun
MicroSystems.

Could be a good arbitrage play.

Once people understand the connection between SHAL and SLNN, SHAL should go
up.

We all expected SLNN to trade at $6 per share and SHAL was price at $10 based on
that.

Have a look!
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