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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Jibacoa who wrote (9523)8/27/2001 1:31:39 PM
From: Sergio H  Read Replies (1) of 13094
 
MTNT

Bernard, the proposed reverse split scared away many investors. The time to buy this stock is when the merger is completed, in spite of the reverse split.

The cash derived from the merger will be used to retire debentures. The corresponding short position will cover. It's a nice play, IMO.

Sergio
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