BORL: Time to BUY! Message Board

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Technology Stocks : BORL: Time to BUY!

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To: David Miller who wrote (7805)	12/1/1997 12:08:00 PM
From: Michael Coley	Read Replies (1) of 10836

RE: OPEN/BORL Arbitrage. >> And none of this achieves anything except to point out what I originally wanted to draw attention to - the continued existence of a substantial differential; the BORL/OPEN deal had no such phenomenon. << Actually, it did. If you search through my messages from that time-frame, you should find some of the details. From memory, the gap was about 20% for the first 5 minutes (when I did some buying), actually went negative, then settle back to around 8%. It then went fairly quickly to 5%, stayed there for months, and slowly dropped in the final month or so before the acquisition. - Michael Coley - i1.net

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