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 : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?

To: Sigmund who wrote (11101)	6/24/1999 9:11:00 PM
From: Jim Fitzgerald	Read Replies (2) \| Respond to of 14266

Hypothetical Question. Let's suppose a major toy company or media company makes an offer for THQI, as suggested by Todd Wiener in a recent post. Let's suppose the offer is for $50.00. Since there would probably be no FTC or other regulatory considerations, I assume the share price would immediately move up to near the offer. Would the short interest drive the price significantly higher than the offer? Would this constitute the ultimate short squeeze? How much would the shorts have to pay for their shares? Could they simply buy shares of the acquiring company and cover after the fact, or must all short positions be closed before the deal is consummated?