Arbitrage Plays Message Board

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Strategies & Market Trends : Arbitrage Plays

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To: Allen Furlan who wrote (209)	4/5/2000 11:24:00 AM
From: Paul Senior	Read Replies (1) of 376

Allen, Keith: Thanks for the posts on ACO. I took a small position. I'm finding the blowups are occurring more frequently than I've expected. And these each seem to be more costly to me than the losses I experience with conventional stock picks that go against me. So I (too) have reduced the $ amt. I'm willing to invest in any particular buyout position. Looks like I should attempt to be much more selective also in the positions I do take on. I'm still suffering along with others who are in the KROG buyout. I sold my HERBB position recently. Taking too long for them, imo, to get financing for a deal that to me, looks like it should be very favorable to the acquirer/owner. I'll reconsider HERBB when financing terms/'final' buyout offer are announced. Paul

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