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Biotech / Medical : Trickle Portfolio

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To: tuck who wrote (769)	7/27/2001 11:15:45 AM
From: tuck	Read Replies (1) of 1784

I hadn't noticed that VRTX' munch of ABSC got completed during my trip. You guys gotta help me on this stuff: Think how much AFFX Trickle could have bought! Anyhow, since VRTX is not a trickle company, it is time to take Trickle's first loss . . . >>As a result of the acquisition, Aurora shareholders will receive 0.62 shares of Vertex common stock for each share of Aurora common stock. Cash will be provided for fractional shares.<< 300.62=186 shares of Vertex. It is currently trading at $42.30. $42.3186=$7867.80. Less $13 for commission yields proceeds of $7854.80. So this will be added to cash and ABSC taken off the books. SIGH Cheers, Tuck

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