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Technology Stocks : BMC Software
BMCS 0.00520-36.6%Nov 3 2:14 PM EST

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To: JakeStraw who wrote (565)2/15/1999 10:35:00 PM
From: norm chin  Read Replies (1) of 1492
 
"True, but if the discount is 32% or more one would think it pays to take a chance..."

Now, how do you ever get a 32% or more discount in this type of situation? Perhaps, you could enlighten us on this. As the saying goes "There's no free lunch..." If I recall correctly, the deal is that for each share of BOOL one gets 0.6+ share of BMCS. From what I have seen so far there was never (and there's nothing to indicate that there will ever be) a significant discount in the share price of BOOL relative to BMCS since the impending deal was announced.
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