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To: Todd D. Wiener who wrote (10159)3/4/1999 5:59:00 PM
From: jgideon  Read Replies (1) | Respond to of 14266
 
This is strange -- the press release stating the $2.65
buyout is dated Wednesday night. Yet we see a Briefing
rumor at 1:40 PM Thursday, and no big change in XPRT's
stock price today. That should change at the open.

The deal won't close until June, but an arbitrage of
30% is worth locking in for 3 months of doing nothing
but monitoring whether the deal progresses.

jg