SI
SI
discoversearch

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.
Strategies & Market Trends : Arbitrage Plays -- Ignore unavailable to you. Want to Upgrade?


To: Topannuity who wrote (326)5/11/2001 12:25:11 PM
From: Mark Davis  Read Replies (1) | Respond to of 376
 
I'm aware of the Nov 2002 cutoff date. IMO the spread is a function of the cost of carrying the position + whatever risk there is in being called in or the conversion not taking place by that date.

Plenty of smart guys out there, and they don't need to 'discover' anything about this deal. They know more than we do about it.



To: Topannuity who wrote (326)6/25/2001 5:17:43 PM
From: Allen Furlan  Read Replies (2) | Respond to of 376
 
Here is situation with reasonable chance of success:mntx by cntl. Cash portion is 6.25 and stock portion is 4.25 worth of cntl. Financing has commitment. Stock portion has rather wide collar, not less than .1471 shares and not more than .2833 shares of cntl. Time frame is about September. I am in at 9.6 and will add below this level.