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Technology Stocks : Gemstar Intl (GMST)
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To: Lucas Hsu who wrote (980)12/5/1999 5:02:00 PM
From: Peter Sherman  Read Replies (1) of 6516
 
lucas - i have posted here many times that we are buying TVGIA as a backdoor into GMST while picking up the arb spread -- the spread obviously accounts for the small, as I see it, possibility that the deal may fall thru - as in the ancient Tellabs/Ciena fiasco - or do I have those companies wrong -anyway, I see buying TVGIA as an arb play, that's all - deal happens, you make dough - deal fails, you lose - that's life
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