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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: Larry S. who wrote (4749)11/25/1998 3:58:00 PM
From: Tod Skinner  Read Replies (1) of 4903
 
<AOL will trade at a small discount to the conversion value>

how small ??? Currently AOL at 92 (X .45 = 41.40) and NSCP at 39.5 and falling. That's almost a 5% discount - pretty damn big spread - where are all the arbitrage boys on this one ?
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