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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (140565)	3/14/2002 3:00:15 PM
From: John Chen	Read Replies (1) \| Respond to of 164684

HJM,ot:"CGS vs. GLW". How does this 'mousetrap' work for ML? I'm thinking ML already owned that many shares of 'GLW' (at the lower prices). To lockin the 'profit', ML offers to pay 8%div on CGS. If GLW goes down, CGS owner gets the stock. (ML calls you) If GLW goes up, CGS/ML lost the potential. Does it mean ML is betting GLW not going anywhere before March,17,2003 (the first callable day). Does this kind of activity contribute to 'productivity of the capital market' or just ML/relatives?