SI
SI
discoversearch

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 : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?


To: kcmike who wrote (172)3/1/2000 12:51:00 PM
From: Greg S.  Read Replies (1) | Respond to of 6784
 
Right, and that arbitrage reflects the uncertainty that it's actually a done deal. After the TDFX/STBI merger was announced, STBI appeared to have the most to gain and it had a lower stock price. As a result, STBI traded at a slight discount from its corresponding value as shares of TDFX. Since the merger ended up going through, buying STBI was a cheaper way of buying into TDFX than buying the actual shares of TDFX. But again, that's because there is some uncertainty there.

And I think there's plenty of uncertainty in the case of PALM and COMS. Thus, a large arbitrage is warranted. So again I say that you can make a decent buck on that, but it is by no stretch of the imagination "guaranteed".

-G



To: kcmike who wrote (172)3/1/2000 1:58:00 PM
From: rakitup  Read Replies (1) | Respond to of 6784
 
There's still $35 to be had here in COMS, within just a day or two...so what are you waiting for. I jumped in again at 57 when I figured out it was worth $140 or so ($105 five minutes ago)so there you go....and it could be a lot more if the IPO really screams. When it exceeds 140 I'll sell.
Pigs get slaughtered.

Rak up a winner