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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (14995)	9/14/1998 9:04:00 AM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

*OT* <<Re : CIEN -- the day that the merger was announced, either the WSJ or the NYT mentioned in an article about how the venture capitalists had bought in at an average price of X (less than $1.00 a share), and now they would get whatever.>> Major bummer for those who bought at $90 (not me). <<As usual, when I was reading the article, I thought ... IF ... the deal closes. Risk arbitrage is not as easy as some people think it is.>> I've never engaged in a pure arb play but, while it looked easy, in theory, I watched people getting stung badly. If one can do it right, more power to them. I suspect you've been quite successful at it over the years. Appreciate your perspective. And now we'll see if the mysterious "Company A" (starts with "C", ends with "O" emerges along the line).