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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (31442)	1/5/1999 3:15:00 PM
From: geewiz	Read Replies (2) of 132070

Mike, Two of my leap put candidates were AVEI and ATI. Both were higher cost suppliers and smaller players in sectors where price wars were evident; looks like both are getting bought out at significant premiums, looks like both will be stock for stock deals. fnews.yahoo.com biz.yahoo.com so I get the leap puts tied to Medtronic and Vodafhone puts. They still have a strike, and from the look of bids on CBOE these are being discounted. Would it be an ill-advised contrarian strategy to buy some more of these before the merger? I figure the premium in ATI is a significant overvaluation that will be corrected in Vodafones' price buy Jan 2000? Thanks art

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