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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Seuss who wrote (12589)	8/11/1998 11:32:00 AM
From: Don Westermeyer	Respond to of 18691

INCL- If they are going to be bought out for $6 a share, why was I able to cover at 5 5/8? This happens all the time with buyouts. There are two reasons it is not $6 right now: 1 - There is risk (even if small) that the deal won't go through. 2 - The time value of money. It may take several months to finalize the deal. I imagine things are pretty gloomy on the TAVA thread. I wonder how the Y2K nuts feel now? I sort of feel bad for the one lady (CK?) who has a substantial part of her net worth in that thing. A good lesson on obsession.