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Technology Stocks : BMC Software -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (568)2/15/1999 11:42:00 PM
From: norm chin  Read Replies (1) | Respond to of 1492
 
"...I was able to pick up BMCS at almost 40% less than the then current price of BMCS back in December. BMCS was trading at $46 and change and I was able to buy BOOL at a bit less just about $28..."

Thanks for the response, Chuzz. That was only 7.5% (40%-32.5%) discount back in Dec when you bought it. Keep in mind that at that time there was a lot more doubts. Depending on one's interpretation of the situation, it may or may not worth risk at the time. Remember well known failures such as TLAB and CIENA and others? Investors who had bought CIENA to get TLAB had gotten killed.

"As the deal comes closer to closing the gap decreases. When Platinum announced that they would no longer oppose the merger the gap virtually disappear"

That's pretty much a certainty.