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Technology Stocks : ATLPA: Odetics spinoff and IPO

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To: BARRY ALLEN who wrote (553)5/20/1998 5:06:00 PM
From: Robert Everett  Read Replies (1) of 576
 
Barry,
There is no great mystery here. All deals carry some risk even ones like this one which I understand carries a $29 guarantee regardless of what the QNTM stock does. There are big money guys on Wall Street who make a good living doing nothing but " arbing" deals like this one. They make complicated trades involving shorting and going long at the same time to remove the risk and lock in that 11% gain. For the little guy like you and me ( I only have a 1000 shares at an average cost of $18), it is usually best to take our profit, say thank you ATLPA, and drive on. It is what I intend to do.

Bob
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