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To: DanZ who wrote (16540)9/30/1998 10:59:00 PM
From: tom pope  Read Replies (1) | Respond to of 53068
 
I overlooked a beauty of a bouncer today in SANM, which closed at the high of the day at 28 1/8 after having touched 26 1/8.

I shouldn't have overlooked it because I'm long a bit of ALRN which is to merge with SANM. ALRN is still slightly undervalued assuming the merger does go thru, but not as much as it was a couple of days ago before SANM swooned as an apparent result of the NT/LU contagion. The deal calls for .4545 SANM for each share of ALRN.