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


To: peter michaelson who wrote (12801)8/14/1998 11:03:00 AM
From: craig crawford  Read Replies (2) | Respond to of 18691
 
You guys asked for it! You wanted real-time picks. Be careful what you wish for!

You guys want an interesting play? Long CIEN short TLAB. Due to the earnings warning from CIEN the spread is 5 points. Pretty wide. If you are confident that the deal will close later this month that is a pretty good arbitrage. I think I will try it as soon as I cut loose LU.