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Technology Stocks : ALPH - Alphanet

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To: allen r. who wrote (42)11/3/1997 10:24:00 PM
From: wynn quon  Read Replies (1) of 62
 
Thanks for wishing me luck!

I've been thinking about the 2 Alphanets and I can't resist
the fact that they are allegorically opposite.

I would like to propose a hypothetical portfolio that does
the following: Buy 1000 shares of ALPH (Alphanet Solutions)
and short sells 1000 shares of FAX (Alphanet Telecom). Yet
another curious thing is that the prices of the shares are
almost the same: ALPH is around $14 which is about the same
as FAX at $20 Canadian.

This is almost too nuts to contemplate but could it be that
there are some FAX buyers out there who think they're buying
ALPH?

ALPH reported strong results on Thursday and FAX started
moving up the same day...

The truth is out there!
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