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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (7689)3/28/2001 1:55:47 AM
From: apearlma  Respond to of 19633
 
PALM is in the process of acquiring XTND - each XTND share is worth 1.35 PALM shares(though if PALM gets to 16.6, it goes to $22, and above that a 1 for 1 transaction). So XTND might be a slightly cheaper way to pick up those PALM shares if you do it.

Though that's based on the average price of PALM for the 10 days prior to two days before the shareholder meeting(probably in June).

I hate collars.

Andy



To: Tom Hua who wrote (7689)3/28/2001 9:14:52 AM
From: rogermci®  Read Replies (2) | Respond to of 19633
 
Tom...10% of 165 high on PALM is 16 1/2...you must already own it. I personally like 5%. Have a limit order in at 8 5/16. Not expecting any big bumps but I'm more than comfortable holding at that level.

roger


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