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Biotech / Medical : Sugen (SUGN) -- Ignore unavailable to you. Want to Upgrade?


To: EPro who wrote (486)6/15/1999 8:46:00 PM
From: Neal davidson  Read Replies (1) | Respond to of 550
 
My guess is that the stock will open at approximately $28. This is a 10% discount to the purchase price. A discount of some amount is inevitable since it is a stock deal and it is possible that PNU stock will go down far enough that the share exchange would be worth less than $31.

The PNU boards on SI and Yahoo are weak. Does anyone have any good info on PNU so that we can have some guidance on whether to sell the stock or take PNU shares? I would like to defer the gain, so that is one reason to hold. Any others?