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 : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (39006)	3/28/2002 2:57:58 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

PGO/VTS - revised merger deal. apparently PGO will get .40 shares of VTS, down from .46. thats the bad news. the good news is that the deal is much more likely to go thru now. PGO at 6.00, VTS at 15.79. both stocks up on the news. implied price of PGO is .4 x 15.79 = 6.31 so about a 5% spread on the deal, which is shrunk significantly from a few days ago. holding PGO now is for future value of the combiined companies. traders likely to take profit since PGO was under 5 just a few days ago. larry