Dynamotion(DYMO)-Acquired by ESI Message Board

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Microcap & Penny Stocks : Dynamotion(DYMO)-Acquired by ESI

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To: Frank Sabatano who wrote (2)	2/26/1997 12:09:00 AM
From: Jurgis Bekepuris	of 11

Frank, I like ESIO for the long term, but I bought DYMO as a short term play on the merger. However, I'm unsure whether I calculated a correct conversion ratio - $2.04 per share of DYMO. If the conversion ratio is about $2.04 per share of DYMO, then DYMO is still a cheap back door into ESIO (or just an arbitrage opportunity). If the conversion ratio is lower than 1 5/8 (current bid), I should sell my DYMO now, because I am losing by converting to ESIO. Bottom line: hold or buy ESIO for long term; figure out the conversion ratio before playing any games with DYMO. Good luck Raimondas

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