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Non-Tech : British Pete / Amoco Merger -- Ignore unavailable to you. Want to Upgrade?

To: pae who wrote (24)	9/8/1998 12:26:00 PM
From: Lincoln Landis	Respond to of 29

Isn't that the truth! Just got done picking up some income stuff for an account I manage...hope I did right. We'll all find out in October, I guess. At least, that's when all the big crashes have been. The one plus in all this is that AN had dividends even during the GREAT DEPRESSION.

To: pae who wrote (24)	9/14/1998 1:19:00 PM
From: pae	Respond to of 29

Mystery spread update ... From 9/14/98 13:10 AN=51.9375 Amoco last trade via BMI BP=82.375 BP ADR last trade via BMI 3.97/682.375=54.50779 Computed AN theoretical conversion value 54.50779-51.9375=2.5672 Mystery spread narrows from 2.9??? Due to arbitragers back from beach? 2.5672/82.375100=3.11 Spread as % of BP ADR shrinking window to conversion & cost of arb capital?