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Technology Stocks : GGNS Genus

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To: EACarl who wrote (1970)	12/8/2004 9:13:33 AM
From: The Ox	Read Replies (1) of 2006

Hi Eric, Yes, the discount is basically the exchange rate from Euros to Dollars at the moment, since GGNS shareholders are supposed to get .51 AIX shares when the deal gets done. I wonder if there isn't a lot arbitrage going on, shorting Aix and buying GGNS? The more Aix goes down, the more the weak hands want to bail on GGNS, allowing more arb play setups. From a price to sales ratio, both companies look attractive, considering these next few quarters should be their low point with respect to new system sales. All in all, it just seems like a risk worth taking at this time. Good luck to us all! mh

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