Systems, Strategies and Resources for Trading Futures 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 : Systems, Strategies and Resources for Trading Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SE who wrote (2378)	8/25/1998 12:01:00 PM
From: Nemer	Read Replies (1) of 44573

Scott: Here is a short term position trade I initated this morning --- I posted in on the Z but thought you might be interested ...... I know how much TT, Pat, and you love postion trading ---- MTC (Monsanto) is close to closing out it's merger with DLP (Delta PineLand) ---- AHP (American Home Products) is in the process of merging with MTC ----- within the past 2 days MTC has seen a fairly good pop in stock price up of 6 bucks due to FDA agreement to put a Cox 2 arthritis med on fast track approval ---- meaning that subject to FDA approval Celebra could hit the pharmacy shelf early 1999 AHP price has followed suit, due to it's potential merger with MTC ------ since the announcement of AHP/MTC these two are up a respective 19+% and 13+% ------ DLP has failed to follow as rapidly and here are the figures for the proposed merger with MTC ---- 1) --- merger happens before AHP/MTC merger ---- .8625 shares of MTC for each share of DLP 2) ---- merger happens after AHP/MTC merger ---- .99125 shares of the new AHP/MTC company based on DLP current price of 49 this makes the following situation --- MTC is selling currently at 63.25 1) buying MTC for about than 54 1/2 2) buying AHP/MTC for about 57.5 I've already done it ....... A similar message was posted early this morning on the MTC thread while I was on the phone with my broker but the figures are/have changed ----- ....... the entire situation depends upon both mergers taking place but it has a good deal of merit in my eyes .... for a position trade .... short term ... Regards ---- Nemer

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next