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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Joseph B. Schmidt who wrote (2894)8/29/2003 3:51:45 PM
From: Sergio H  Respond to of 23958
 
Joe, its quite common for arbitrauge players to take opposing positions and take profit on swings on pending mergers. My guess is that the play has been long on perf and short on fame. The short position is covered at the time of the merger. I will try to find more on this during the weekend.