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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (4253)8/26/1998 7:37:00 PM
From: Z Analyzer  Read Replies (1) | Respond to of 9256
 
<< In the case of Malaysia where there is a WEB security, this makes no sense -
where's the downside to shorting the fund (assuming it's shortable) and buying the
WEB?>>
Its not easy to short a fund that trades at 4 3/8 but I would think some hedge funds have probably tried it. I remember other situations where even funds like the Germany Fund traded at 40% premiums which made no sense.