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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (835)1/23/1998 1:33:00 PM
From: ted birnbaum  Respond to of 18998
 
Mr Pink, GNUC announced today they received a bid for $7 per share
cash. Deal is preliminary but do you think $6 is too much to pay
for the chance to make $1 vs the risk the deal falls apart ?



To: Mr. Pink who wrote (835)1/23/1998 9:35:00 PM
From: John H.  Read Replies (2) | Respond to of 18998
 
Mr Pink -

AHG does offer options; the March 10 put closed at 11/16, so if one does care to hedge against complete disaster......

Have you any idea as to the approximate deadline for the deal?

JH