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Technology Stocks : Blank Check IPOs (SPACS)
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To: Glenn Petersen who wrote (1104)7/17/2007 7:11:02 PM
From: slick pick  Read Replies (1) of 3862
 
Based on today's action I think the Oakmont deal will probably go through(OMAC.OB and OMACW.OB). Today, the warrants were down 3 cents and closed at 70 cents on heavy trading. This puts them right in line with the common stock, which closed up to 5.70. If the deal wasn't going to go through, I think the warrants would be trading a lot closer to their 52 week low than their 52 week high. We'll find out tomorrow morning.
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