Dynamotion(DYMO)-Acquired by ESI Message Board

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Microcap & Penny Stocks : Dynamotion(DYMO)-Acquired by ESI

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To: Frank Sabatano who wrote (8)	5/5/1997 4:22:00 PM
From: Jurgis Bekepuris	of 11

Frank, You understood correctly (about $2.04 per share to be converted over to ESI stock). BTW, ESIO is trading at about $28, so I don't understand what you mean by $7 figure. "Arbitrage" is a short term money making opportunity when a stock trades at a lower price than the one that will be paid upon merger. In this case, DYMO can be bought at ~$1.8 and the merger price is potentially $2.04, which would give a profit of about $.20 upon conversion. That makes a 10% gain before commissions and taxes, but that gain can be achieved in a short term. "Arbitrage" has its risks that I have partially outlined in the previous post. The final conversion of DYMO will take place after DYMO shareholder meeting, presumably sometime in June. Good luck Raimondas

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