Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: DO$Kapital who wrote (6486)	8/7/2000 10:21:13 PM
From: blaireo1	Read Replies (1) \| Respond to of 14638

Do$kie, NT-TSE will equate to NT-NYSE at whatever it opens at tomorrow on the NYSE. If we assume NT on NYSE opens at what it closed at today then NT-TSE will gain $5.00 plus exchange. If NT-NYSE opens down a buck then NT-TSE will open at up $4.00 ($5-$1) plus exchange. For arbitrage purposes, you stand a chance to make some money when the US markets are closed and the CDN equivalent of the stock goes down on the TSE. As long as there isn't any substantive news, you might consider buying the CDN stock at the end of the day with the idea of selling at the opening the next day when the US markets reopen. The hope is that the US version of the stock opens at the previous US close or higher in which case the CDN version will come up to meet it. But then again, the market is bigger than all of us!! Cheers!