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Non-Tech : MAT - Mattel - toysRthem -- Ignore unavailable to you. Want to Upgrade?

To: LakesideTrader who wrote (361)12/1/1999 3:40:00 PM
From: Neil H  Read Replies (1) | Respond to of 706
 
Pat - I do not know why anyone would tender their shares at $15.75. I don't mind the offer as it helps to keep price up though. Are you still in SCMR? I hope to get FMKT IPO shares next week.

Neil



To: LakesideTrader who wrote (361)12/1/1999 3:42:00 PM
From: Paul Butler  Read Replies (1) | Respond to of 706
 
So far today, there were more than 2,000,000 shares traded at less than 15.75...

While I am long MAT (cost 12.75), I always remember that for each trade, the buyer has simply found someone willing to sell their shares at the same price. That's it...

Need both sides of the sale for the markets to work...there will be people out there who jump at the tender offer.

Paul


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