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To: Roebear who wrote (81427)	12/12/2000 2:43:04 PM
From: Gottfried	Respond to of 95453

Roebear, OT * bull/bear trap * we can let the SC decide :) G. [end]

To: Roebear who wrote (81427)	12/12/2000 2:51:05 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 95453

Roebear, Yawn, where has the action gone? While you may be technically correct, modern usage has gotten very sloppy. The only way I hear "beartrap" used is for these head-fake rallies during what turns out to be a sustained bearish movement in a stock or the market, to wit, it is the bull (long) who is trapped by the bear (market). In that sense (since we are simply awaiting Nino Scalia's annunciation) the "owner" of the trap is the bear, the victim the bull. There is no similar term for a "bull trap," because we already have a different name for that nasty surprise--a short squeeze. Oh, here's something, the RIG/FLC deal has an official imprimatur: Transocean Sedco Forex Shareholders Approve All Proposals Relating to The Merger With R&B Falcon HOUSTON, Dec. 12 /PRNewswire/ -- At its extraordinary general meeting held today in Houston, Texas, holders of ordinary shares of Transocean Sedco Forex Inc. (NYSE: RIG) approved all proposals presented at the meeting, including those relating to the company's pending merger transaction with R&B Falcon Corporation (NYSE: FLC). Shareholders approved an increase in authorized ordinary share capital, the issuance of ordinary shares in the merger, an increase in the maximum size of the company's board of directors to 13 persons and an increase in the number of ordinary shares reserved for issuance under the company's Long-Term Incentive Plan and Employee Stock Purchase Plan. On August 21, 2000, Transocean Sedco Forex announced that it had signed a definitive agreement to merge with R&B Falcon in an all stock transaction in which common shareholders of R&B Falcon will receive a fixed ratio of 0.5 shares of newly issued Transocean Sedco Forex ordinary shares for each R&B Falcon share. The transaction is expected to close during the first quarter of 2001.