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Technology Stocks : The Roaring Twenty 1998
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To: Bill Holton who wrote (164)8/20/1998 10:29:00 AM
From: SpecialK  Read Replies (2) of 338
 
White Shoes,

Buying more Humcf with the stock buyback of up to 1million shares?

Wanted to let you know of 2 special situations.

Mergers and arbitrage which has left a good % gain on the table.

WAXS - TELC
Telc is at 14.5 and will be bought at 17, as long as Waxs stays above 29, it's at 30 now.

MIFGY - ISLI
Isli at 18, will be bought at .55 MIFGY shares which are at 38, puts the buy at 21.

Both are to be closed out in September. So we're looking at 15% gains in 1.5 months, not bad.

What do you think?
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