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To: Think4Yourself who wrote (82657)12/26/2000 11:42:36 AM
From: Razorbak  Read Replies (1) | Respond to of 95453
 
SMOP Opportunity

Does one go ahead and lock in a minimum 25% gain for 4 months, or take one's chances in the market??

Depends on your time frame, and on how much you have currently invested in SMOP versus how much purchasing power you still have available. There's still a 26% arbitrage spread available. So your choice is: (1) take your paper gains now and then hope for another trading opportunity in the next few days, or (2) wait to double your paper profits in the next few months on the virtual arbitrage gimme.

Razor



To: Think4Yourself who wrote (82657)12/26/2000 11:43:25 AM
From: jim_p  Read Replies (1) | Respond to of 95453
 
I've been buying SMOPW at .50, and SMOP at 3.75 all morning. Once the selling on the news dries up, the stock and warrants should have a nice pop. I don't think it will take 4 months to close the deal.

Jim