Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Riley who wrote (32151)	4/26/1999 12:53:00 PM
From: kathyh	Respond to of 90042

it probably will, if you are patient... i just decided a bird in the hand is worth two in the bush, and i sold my fore... since i was going to be happy with 28... i am ecstatic with 33++... thanks, tim... congratulations to everyone!! kathy :))

To: Riley who wrote (32151)	4/26/1999 12:53:00 PM
From: Junkyardawg	Respond to of 90042

I don't think this stock has started to move yet. Symbol Last Change Bid Ask Time BIDS 14 5/16 +4 9/16 14 1/4 14 5/16 12:52:00

To: Riley who wrote (32151)	4/26/1999 12:53:00 PM
From: woody	Read Replies (1) \| Respond to of 90042

Anyone have any thoughts on PAIR...is it the next one? Very nice move recently on no news...Thanks and congrats to all the Fore longs.

To: Riley who wrote (32151)	4/26/1999 12:55:00 PM
From: Charliss	Read Replies (1) \| Respond to of 90042

MM's working deals with big block traders...guaranteed profits for both......in other words it's not over until they say so.

To: Riley who wrote (32151)	4/26/1999 12:57:00 PM
From: Junkyardawg	Respond to of 90042

This may sound crazy but hear me out. I am seeing so many 50k and 100k blocks being bought on Fore that I can't count them all. I wonder if GEC is buying them on the open market at a reduced price. Fu***** mm's dawg

To: Riley who wrote (32151)	4/26/1999 12:59:00 PM
From: who cares?	Read Replies (2) \| Respond to of 90042

IT doesn't go closer to $35 because of RISK!!! The deal could still fall through for a myriad of reasons, though all of them slim and none. Even if it was a 100% sure thing instead of 99 44/100% there's time involved. Someone posted a Bloomberg story saying the deal will go through in June, that's minumum 5 weeks, max 9 until you get the extra $1.50. That's a $1.50 on $33.50 4.48%, for a month and a half. It works out real well compared to what the banks paying, but in this day and age few people have the patience for the arbitrage game, they'd rather make 10% on whatever internut is cooking today. If anything i'm surprised the gap is so tiny, arbs. have been wider lately. I'd still like someone to tell me why you can make 15% on arbing PLAT over about the same time frame, 20% if you bought last Monday on a dip. CMB

To: Riley who wrote (32151)	4/26/1999 1:02:00 PM
From: HarryF	Respond to of 90042

Why sell FORE? because you see other better opportunities, and it's still 5-6 weeks til the deal closes. Why buy/hold FORE - cuz it's money in the bank. The big guys arbitrage - it's an almost sure 1 1/2 pt gain from where it is now in about 6 weeks - this equals about a 38% annualized return! It's all a question of perspective and alternative investments. right? FORE has traded over 23 million shares right now - it's undergoing a tug-of-war between the 2 camps (buy/sell now) I think it will soon creep up and hold closer to the purchase price - it IS an all cash deal!