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Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 25.97+7.0%Jan 9 9:30 AM EST

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To: Oeconomicus who wrote (722)9/3/2002 1:28:54 PM
From: Gary Stern  Read Replies (2) of 903
 
My question is: if there is a tender offer at $4.97, why is this having no impact on the stock price. Moreover, given the huge short position and the fact that the tender offer could put the company in play, there ought to be a heck of a lot more on the upside, even beyond the offer price. What am I missing?
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