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Strategies & Market Trends : Value Investing

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To: Allen Furlan who wrote (10125)3/5/2000 10:02:00 AM
From: Grommit  Read Replies (1) of 78774
 
And there has to be opportunity in the fact that the market cap of PALM is over 2x higher than COMS.

quote.yahoo.com

$28B to $45B according to today's prices. If I sell $45B of PALM short and then buy up all the COMS at $28B, I have $17B in my pocket and I control COMS, which owns 90% of PALM. So I control PALM. Then I bankrupt PALM to close my short position.... :o)

PS - how do I get PALM stock to drop? I sell the Palm business and invest the rest in retail, grocery and housing. Palm stock drops and I close the short.
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