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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: waldemar cyranski who wrote (31145)5/13/1999 9:02:00 PM
From: Karl Drobnic  Respond to of 31646
 
Waldemar: I don't think there is much recourse unless someone has enough shares to seriously delay REAL, or the will to mount a serious legal challenge. Here's one way to play it: If you make the assumption that today's report makes the merger highly likely to go through, then TAVA becomes a relatively safe use of margin. Since REAL says it thinks the merger will happen in June, one can buy TAVA around $7.06 on margin and get $8 for it in about 7 weeks. That's a pretty good return. It will vary with how much margin risk one is willing to take. And if a legal challenge pops up, it could all collapse.