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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (4377)3/17/1999 6:00:00 PM
From: stockboy  Read Replies (1) of 57584
 
Rande, I'm still a little foggy on this TUNE deal. Why wouldn't you wait until the last minute to buy TUNE. This would minimize risk associated with price fluctuations in TUNE. You would buy $1000 in TUNE and shortly thereafter own $1750 of T. Not bad. Up 75% in a short time frame. By buying TUNE now you are hoping it will rise in the meantime, but how much? Probably not much, esp. if my thinking is correct, and if information comes to light indicating the conversion won't or may not occur the downside could be huge. Basically, I see buying TUNE later as a better deal if you consider risk vs. reward. Am I missing something?

Stockboy
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