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

To: Gary Korn who wrote (3045)8/16/1998 8:52:00 AM
From: craig crawford  Read Replies (2) | Respond to of 7342
 
Hello Mr. Korn,

On Friday I was contemplating an arbitrage play myself.
#reply-5508246




To: Gary Korn who wrote (3045)8/16/1998 1:56:00 PM
From: max power  Read Replies (1) | Respond to of 7342
 
"Consequently, and to anyone confident in the deal going through,
I would urge you look at the long/short CIEN/TLAB play on
Monday."

Gary,

Are you shorting TLAB due to a dilution of earnings or shares when CIEN is acquired, taking the price of TLAB lower? I understand the long part of the long/short play but must admit to not fully understanding the short part of the equation.

TIA,

Tom


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