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


To: James Calladine who wrote (15461)12/7/1999 11:42:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
James: What advantage do you get by holding on to the acquired unless you plan to hold it for a long term play.?

The correct strategy is to sell the acquired and short the acquirer directly or thru a in the money PUT.

From my personal experience the Arbitrageur will drop the
prices of both by near 5% immediately at Announcement.

I much prefer a protection clause.