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Technology Stocks : Shiva
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To: Artslaw who wrote (4845)12/1/1998 9:11:00 PM
From: DiB  Read Replies (1) of 5036
 
Steven,
yes, technically you are correct. However, for me 1/32s mean nothing. I don't have free thousands of dollars to make up for my loss.

So you are one of "them arbitrators" guys who bought SHVA after the INTC announcement... Correct me if I am wrong, but 6 - 5 19/32 = 13/32 = 40 cents, which gives you less than 8 percent gain.
Are you in this business because of the "sure" nature of your gain? What would you do if the deal does not go through?
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