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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 83.27+0.1%Dec 24 12:59 PM EST

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To: nic who wrote (592)1/15/1998 10:47:00 PM
From: voop  Read Replies (1) of 6846
 
Hey, I'm a little slow... I buy 1000 shares of PHX and QWST price is 60, for example...let's say I got PHX at 50 cents per share. so (1000 shares X 0.50 = $500). If I get 0.79 per share in merger swap, I now have 1000 X 0.79 = $790. 790/60 per share of QWST = 13 shares and some change.

Without merger, my 500 gets me 8 shares and change. so I get 5 "free "shares for every 500 invested in PHX assuming merger goes through.

Plus a cash kicker at 7%.

This can't be right. Help anyone.
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