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Technology Stocks : CHPS -- Ignore unavailable to you. Want to Upgrade?


To: Peter who wrote (2707)1/17/1998 10:43:00 PM
From: Timoteo  Respond to of 2740
 
You are correct. Now if I only had $200,000! The price will creep closer to 17.5 until the 19th. If there are outstanding short positions it may run to 17.5 right away. You can bet somebody will play this game.

Timoteo



To: Peter who wrote (2707)1/18/1998 8:17:00 AM
From: Glenn Norman  Read Replies (2) | Respond to of 2740
 
Yo_Peter...........................On your post to Big T, about .125 profit on CHPS, if you put you 200000 in a money market you would draw 4.5% on your money with no commissions to pay! The big ARBATRAGUERS(Sp.?) do just what you are suggesting except with millions of shares.

Salude Amigo-Norman!