SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: paul feldman who wrote (31943)11/19/1998 12:22:00 PM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
Well, I would buy FLC at this point only because I haven't yet done my homework to conclude the likelihood that the merger will be completed. If I were confident of the merger closing, it's just a math exercise.

The exchange ratio, if I recall, is 1.7 shares of FLC for each share of CDG. The last quotes I pulled up were almost exactly at 1.7:1, so at that point I would have bought FLC.