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Technology Stocks : CUC Int'l- Cybermarketeer?
CD 5.735-4.4%1:27 PM EST
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To: Todd D. Wiener who wrote (120)5/28/1997 8:28:00 PM
From: Mark Lijewski   of 243
 
re>> For an extreme version of this, look at the COMS/USRX merger. USRX was at $68 3 months ago, and after the merger announcement, it proceeded to get dragged down by COMS, all the way down to $40. Today, USRX is $88. <<

However, the fall of USRX and COMS was not due in whole to the merger, but in fact a fall in the whole networking sector. COMS would have fallen without the USRX merger. Unfortuneately USRX got dragged down with it due to the stock swap ratio....I don't see these same similarities in the CUC-HFS merger here.
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