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Technology Stocks : ITURF Inc. ( NASDAQ:TURF ) -- Ignore unavailable to you. Want to Upgrade?


To: Big Dog who wrote (221)4/22/1999 5:14:00 PM
From: Jason Compson  Read Replies (3) | Respond to of 614
 
It is still a great trade. By my reckoning, even after today's run up, a purchase of DLIA @ 19.75 is a purchase of TURF @ 14.50. Remember that at the IPO price, DLIA was valued at a $10/share premium to TURF. I don't necessarily believe we will see that premium anytime soon, but parity is certainly achievable in the near term. And if TURF rallies, as I think it will, the trade is a homerun.

It still doesn't get any better than this.