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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Captain James T. Kirk who wrote (2896)6/28/2000 9:17:00 PM
From: John Stewart  Read Replies (1) of 3661
 
Capt Kirk;

You are ignoring the risk and the higher spread % (affecting trading profits) IMHO. If anything gives the impression that the buyout will take longer, the gap will increase significantly. I do not think the gap will close much in the next 3 weeks. Also, if you trading a larger position, and say want to unload it during a Semicon feeding frenzy over a short period of time, good luck. IMHO, the gap is too small given these factors.

Best Regards,

ps. Disclosure - I'm very long MTSN and have no CFMT at this moment.
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