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Strategies & Market Trends : Arbitrage Plays
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To: LauA who wrote (35)7/16/1999 5:51:00 PM
From: Allen Furlan  Read Replies (1) of 376
 
Re NEIC Appreciate the heads up, but too risky for me at this time. If deal falls through I would expect stock to go back to last years levels. However I will watch for developments. I am willing to take smaller returns if risks are also small. My cse October 55 puts were assigned early. I sold stock put to me and will take my small profit. The arbs just are not confident in this deal and they know more than I do.
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