winpa Message Board - Msg: 3187649

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Strategies & Market Trends : winpa

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To: JK who wrote (4567)	1/16/1998 1:54:00 PM
From: Sul	Read Replies (1) of 6855

STN - The deal will not take place until the 3rd qtr. What I have observed is that it will trade 1-2 dollars below 18 and then follow the trend of the buying co. A good trade would have been to buy this morning when it fell to ~15 on profit taking. Then ride it up to 16-17. It may be a short if you see any weakness in the buying company's [CEI] share price. It will usually trade at less then 1/2 of CEI value, since the deal is for 0.466 shares of CEI for each share of STN. Keep a close eye on CEI and if it falls, then short STN because it will soon follow the patern. Certainly not a short at this point. Suleman

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