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Technology Stocks : America On-Line (AOL)
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To: 1SFG who wrote (1263)1/4/1999 11:27:00 AM
From: Chuzzlewit  Read Replies (1) of 41369
 
John, that was because AOL was added to the S&P (not NSCP). After the addition the arbitrage gap closed. So I expect the differential to remain at around 4-5% gradually decreasing as the time to finalize the merger comes closer.

TTFN,
CTC
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