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

To: jas cooper who wrote (4084)3/3/1999 10:47:00 AM
From: gbh  Read Replies (2) | Respond to of 4135
 
jas, agree as to the minimal risk. But the comparisons are not quite correct. Neither was a cash deal. Also, this deal is closing very quickly, by comparison. And the cash tender starts in 5 days, on 3/8. I will tender my shares on that day, and the cash will be in my account 2-3 days later, according to my broker.

Roughly 3% return in 5-7 days, virtually guaranteed sounds good to me.

Gary



To: jas cooper who wrote (4084)3/3/1999 12:07:00 PM
From: Steve Hursey  Respond to of 4135
 
I'll take the risk with the market acting the way it is now. I'd say a 36% annual rate of return isn't too bad. Just a bit better than a CD, at least the last time I checked interest rates. Plus, both boards have already approved it unanimously. I'd put risk of the deal falling apart at less than 5%. Also margin interest rates are less than 1/2 % per month.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News