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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (1514)10/23/2000 10:30:32 AM
From: Gerald Walls  Read Replies (1) | Respond to of 3256
 
The stocks will move in locked steps. Honeywell goes up; GE goes up.

Close, but you've got it backwards. HON is the tail, GE is the dog wagging that tail. After the arbitrage transactions are completed, the two will move in lock step with HON increasing slightly faster and slowly closing the gap as the buyout data approaches.


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