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To: hitesh puri who wrote (18976)3/3/1998 2:53:00 PM
From: Tom Guinther  Respond to of 97611
 
I actually brought this up a few days ago but the thread is so active the arbitrage seems to have gotten overlooked. The differential has been hovering between 4.9% and 6.0 % the last week. 6% is nothing to sneer at but there is definitely risk with the merger not happening (although probably small)