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Strategies & Market Trends : ARBITRAGE FOR THE SMALL INVESTOR

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To: David K. who wrote (2)11/29/1997 11:22:00 PM
From: T Roberts  Read Replies (1) of 34
 
USWIC US WATTS Inc. is being acquired by ACCC for 2.5 and it's
selling a little under 2.. Teleport buying ACCC has sort of
overshadowed this deal..the percent gain as of Friday close would
be ~ 30%..the transaction complete date is hoped for in first
quarter....big mutuals don't get involved in small plays like
this..when VTEL bought Compression Labs..that percent gain spread
was also very high...
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