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Technology Stocks : Gemstar Intl (GMST)

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To: tekboy who wrote (3289)7/12/2000 9:48:29 AM
From: JH  Read Replies (2) of 6516
 
TVGIA conversion discount has narrowed from 22% intraday on Monday, to 6% today. One could have made around 16% by simply arbitraging between the two stocks...

The spread is implying that the merger will go ahead.
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