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Strategies & Market Trends : Arbitrage Plays
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To: Paul Senior who wrote (6)5/28/1999 11:10:00 PM
From: LauA   of 376
 
Paul, I bought some RSND at 7 5/8. I consider it close to 100% likelihood. I would be surprised if the 90% mark is not reached. Buyout should occur June 11 with cashout in next 3-5 days. Return is 4.5% over that time with annualized rate of 50% after all transaction costs are subtracted.

Lau
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