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Technology Stocks : N2K: music entertainment on the web (NTKI) -- Ignore unavailable to you. Want to Upgrade?


To: ecommerceman who wrote (503)1/23/1999 4:01:00 AM
From: Billsig  Read Replies (1) | Respond to of 560
 
not so fast ecommerce. If you buy ntki at 16 and cdnw drops below $19.25 at the close of the merger you won't profit. In order to lock in a possible gain you need to short cdnw and buy ntki. Therefore protecting yourself against any downside pressure on cdnw. If cdnw stays at this level or higher you'll do quite well just buying ntki.