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


To: Mr.24K who wrote (600)6/24/1998 6:23:00 PM
From: Jim S  Read Replies (1) | Respond to of 663
 
TCOMA traders are betting the price of T will drop to about 51

(TCOMA/.775=T) or, (40/.775= 51.6)

This is supposed to happen after the merger actually takes place in a year or so.

At least, that's my best guess. You can color me confused, too.

Good trading,

jim



To: Mr.24K who wrote (600)6/25/1998 3:25:00 PM
From: starpopper  Read Replies (1) | Respond to of 663
 
You're not missing a thing...Mr. Market is confused and has tagged TCOMA too low!

John Malone announced yesterday that he personally purchased an additional $250 million of TCOMA in the open market because of his bullishness! He and Ted Turner have played this game VERY nicely...build a colossus, merge with a GIANT, and eventually run the entire show down the road again!!!

John Malone impresses me to no end...I'm buying because this is going to be one hell of a combination (in spite of the debt, which I think T will aggressively retire!)!

$tar.