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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: semi_infinite who wrote (58357)7/29/2000 12:06:21 AM
From: Blue On Black  Respond to of 122087
 
It's already lower than I thought it would go. I flipped at 336 to the long side from the pure arbitrage view. I shorted a bubble on what I considered to be a bubble sector. My thinking....
I put a base on JDSU @ 90 (trying to allow for a market tanking). Given the 3.8 conversion, that puts a safety net at 342. It should trade at a slight discount until the deal is written in stone. So...maybe 300-310.....I hope. I ease into positions so take that into consideration. I just don't see much more down.
But I have been wrong before. And I am a terrible long.
lee