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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brew who wrote (18559)8/3/2001 11:31:22 AM
From: GVTucker  Read Replies (3) | Respond to of 21876
 
Larry, there are very many multi-billion dollar hedge funds that are convertible arbitrage hedge funds. They buy converts and short the underlying common in an attempt to have zero exposure to the equity.