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Non-Tech : How to Play the Big Savings and Loan Lawsuit
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To: Charles Holewinski who wrote (42)1/7/1997 12:20:00 AM
From: Robespierre   of 63
 
The takeover of CAL won't affect CALGZ holders. CAL holders will simply be issues one CALHZ for each 10 CAL they hold much like the initial distribution of CALGZ. In a much earlier post I think I did the math to explain how CALGZ could get to $58. This would unlikely be the result of a settlement since $58 uis considered a maximum and there would be some compromise in a settlement.
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