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

To: Paul Merriwether who wrote (19358)	1/28/1999 7:03:00 PM
From: The_Guru_00	Read Replies (1) \| Respond to of 27307

The tax thing is specific to happy_girl. If you go long GCTY and short YHOO in the ratio of the deal, and the deal closes, you will pocket the arb because your GCTY will turn into YHOO to cover your short. Use leverage to juice the return. Risk is that the merger becomes questionable (premium expands and you get scared and take loss) or the deal craters and you get killed because GCTY drops like a rock and YHOO doesn't fall as much. Leave this type of activity to the experts. Guru.