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Technology Stocks : Red Brick Systems -- Ignore unavailable to you. Want to Upgrade?


To: AV8R who wrote (291)11/11/1998 11:12:00 AM
From: 5handicap  Read Replies (1) | Respond to of 304
 
If IFMX*0.6=REDB within 6 weeks

Then buying redb at the ask of 3.5 and shorting IFMX at 6.75 is free money. Obviously it depends on how certain this deal is to go through...the only public dissenter that I know of is this penny stock New Valley Corp; Here's some data from yahoo on their financial health:

Current Ratio 0.89
Long-Term Debt/Equity 1.32
Book Value (mrq) -$17.76
My point is that they don't seem to have much in the way of strength to oppose anything