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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Dave who wrote (1818)	9/17/1998 2:17:00 PM
From: craig crawford	Respond to of 7247

>> I guess we both could win on this one. << Yes we can. Looks like the odds favor you in the short-term. USWB is showing good resiliency. I don't know if it is the Y2K release, the anticipation of the CKSG deal closing soon, a short-covering bounce or what, but I think USWB will resume it's decline soon enough. Do you know when the deal is supposed to close? There is a pretty wide spread. CKSG shareholders should get 1.5 shares of USWB for every share they own. That would put CKSG at about 19 3/8. It's only trading at 16 5/8 right now. Perhaps people are buying up USWB in anticipation of the deal falling through.