Stock Attack -- A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sonki who wrote (14794)	8/20/1998 6:47:00 PM
From: Judy	of 42787

sonki, the most attractive trade on TLAB/CIEN was an arbitrage play the day CIEN announced that they would all short of analyst estimates. The spread between TLAB and CIEN was at least 6-7 points that day. Short TLAB shares and go long CIEN shares would have locked in the spread. On finalization of buyout this Friday, you would have pocketed the 6-7 points ... by covering the TLAB short with shares of TLAB that CIEN converted into. Downside risk was if the deal fell apart ... Now it is a matter of fundamentals, TLAB is fairly priced at 57ish with the CIEN buyout, provided CIEN disclosed everything.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next