Gemstar Intl (GMST) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Gemstar Intl (GMST)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JH who wrote (3232)	7/6/2000 4:32:59 PM
From: Uncle Frank	Read Replies (3) of 6516

>> the conversion discount is as high as ever, at 20% (historic highs). If the merger was imminent, TVGIA should rally much more vigorously to erase the discount. John, then if one were to feel confident in the merger going through and wanted to profit through short term options, would it not make sense to buy atm calls on tvgia rather than gmst? Even if gmst remained flat, the arbitrage spread would guarantee spectacular results upon consummation, wouldn't it? The bid on UQKIG (September TVGIA 35 calls) is $7. If the arb spread went to zero, it would seem they should double. uf .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next