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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (21726)	9/16/1999 1:20:00 PM
From: U Up U Down	Respond to of 43080

out CQ + 3 1/2 , i know i left money on the table from Yahoo Fundamental you need to do one more step if you want a $45.50 for ~half your shares: Call you broker's Tender department. And let them know you will take the LMT tender offer. I did this with the shares I brought yesterday. Folks let you tender the shares before the Settle date. My broker needed the Tender data by 7 PM EST 16 SEPT 99. WARNING you are tendering everything ! So you might have to wait a few months (EOM) for the $45.50. When Santa Fe sold I got some quick money. It took about a year for me to get the buying companys stock so I could totally cash out. The LMT Tender offer is online somewhere. You might want to read it. There can also be tax impacts. That is why I played this one in the IRA. Disclaimer: I tendered all CQ in the IRA. :-) Preppy post.messages.yahoo.com