Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: RobbRacer who wrote (28278)	4/9/1999 12:29:00 AM
From: Tom Hua	Read Replies (2) of 122087

<DLIA/iTURF> Rob, the intrinsic value contributed by iTurf to DLIA will be discounted by about 50%, possibly higher. The higher the price of iTURF the higher the discount rate. At one point last December when UBID was trading in the 180s, the discount rate of its intrinsic value in MALL exceeded 75%. Even today, it's being discounted by about 50%. Same is true with UIHIA (discount of more than 50% of UPCOY), and ZD/ZDZ. I'm short DLIA again today and look forward to tomorrow's action. Well, actually what I really am looking forward to tomorrow is IDTC (long). Sweet deal. Regards, Tom

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