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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (1680)4/13/1999 11:56:00 AM
From: Frodo Baxter  Read Replies (2) | Respond to of 2025
 
I think I remember Merton (of Long-Term Capital fame) say that you shouldn't play risk arbitrage without asymmetrical information. FWIW.

Still, the risk premium has exploded ever since Ciena-Tellabs fell through. And I don't think there's any real fundamental reason behind that other than all the usual suspects of arbitrage licking their wounds from a terrible year.

How many names do you have in your portfolio, anyway? Seems like you're always there when something new pop ups?