Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: still learning who wrote (8956)	6/9/1999 6:16:00 AM
From: Lutz Moeller	Read Replies (2) \| Respond to of 9124

Hallo S. L., thanks for Your kind hint. Now I've got it: The 14,31 to 20,45 limit to the 0,489 factor were mentioned in a conference call (which I do not listen from Germany (and Z. posted)) an some obscure SEC filing (there stated differently @ 14 - 20 ??). I only checked QNTM and Meriden website, there You shall not find the above mentioned details. Unless the deal will not close, or QNTM tanks (for what new reason after such recent bad news), @ 7,625 $ MDCD looks like a good buy to me. I already have QNTM overweighed in my portfolio. So to really play the arbitrage, I would have to short QNTM and long MDCD. As I still have faith in QNTM I'd rather not sell QNTM. Or should I sell all my QNTM and buy for the money MDCD? Now a question to the thread: How will the stocksplit affect the QNTM-MDCD-deal? To which stock will the deal refer, when QNTM splits into two tracking stocks "QNMT-drive" and "QNTM-Tape" (I miss the track stock symbols)? Or must the deal before the split happen? That would speed the thing up, I suppose! My last arbitrage was PLAT - CA, which worked nicely to my favour. I begin to feel some appetite to exploit market imballances, such as the MDCD undervalue, compared to the acquiring company. PLAT was a big buy for CA, so CA's stock could have tanked. In this QNTM-MDCD case, the swallowing fish is so much bigger than the swallowed fish, that QNTM, from eating such light food, should not move at all. What do You think? Lutz