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Strategies & Market Trends : ARBITRAGE FOR THE SMALL INVESTOR -- Ignore unavailable to you. Want to Upgrade?


To: David K. who wrote (13)11/30/1997 9:13:00 PM
From: T Roberts  Read Replies (1) | Respond to of 34
 
Unlikely that ACCC will drop...because they'll have to
pay TELEPORT something like $40 million to cancel deal and
also TEL-SAVE has announced Friday that they are still interested
in ACCC..the buyout price is $50 sh...

I think it would be great if the USWIC buyout reaches $3.00 but that's
just icing on the cake ..at $2.50 it's 30% which isn't a double
or nothing but still a nice gain ..and about as good as you'll get
on merger,arb,if you hadn't owned the stock before the news..