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Gold/Mining/Energy : Electrohome (EL.X-T,EL.Y-T)Baton Bcast (BNB-T) CTV Event -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (22)	1/29/1998 9:40:00 AM
From: csm	Read Replies (1) \| Respond to of 38

My reading on this is that there will be another play when the tax status of the re-org is announced. In the meantime I don't think this will go anywhere, partly because no one can increase their position past 10% without jeopardizing the tax-free status of the re-org. I sold some at $17.70 but it immediately fell to low $16s where I finally dumped the rest. Still a nice return but I think we'll get to play this game again. All we have to do is keep in touch with the company to know when the tax decision will come down. Then, with all the BNB that's now in play, we could easily see a move to $20 or better. Stuart.