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To: Norm Demers who wrote (9250)5/30/2000 2:56:00 PM
From: Alomex  Read Replies (2) | Respond to of 9798
 
I disagree with those who say this deal is a downward spiral.

This deal is certainly dillutive which sends the price down around 15%. Once that dilution is built in the price, arbitrageurs would make money from keeping the price stable for the next four days.