Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (12692)	6/26/2001 12:06:32 AM
From: Brendan W	Respond to of 78490

Dr. Burry's latest. moneycentral.msn.com

To: Paul Senior who wrote (12692)	6/26/2001 9:45:11 PM
From: Mark Adams	Read Replies (1) \| Respond to of 78490

re TGP arb; I think the high dividend in combination with a 'pending private letter ruling from the IRS' discouraged the arbs from shorting PCL to narrow the discount. Now that PCL said they will close (in light of the IRS policy re real estate spinoffs), I would have expected the discount to narrow. But I don't think it has. Another potential positive is the inclusion of PCL in the REIT index announced this PM. biz.yahoo.com Long TCP as a discounted entry to PCL