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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: HG who wrote (19335)	1/28/1999 5:37:00 PM
From: Paul Merriwether	Read Replies (1) \| Respond to of 27307

hg: I agree. For instance, its .3384 yhoo shares for each ctcy share. yhoo @ 367.75 * .3384 yields 124.66. The premium lies in GCTY @ 117.25. Therefore its "riskless" to long gcty and short yhoo(in equal $$$ amounts). The only problem I can foresee, and that stops me from going headlong into this is: 0>Possibility of a cancellation of the deal(unforeseen circumstances) 1>YHOO renegotiates a deal with GCTY. Were you an arbritrageur today?