Erik Funkenbusch wrote:
>On Tue, 12 Feb 2008 16:47:54 +0000, Roy Schestowitz wrote:
>
>> Erik's claim is indeed very bizarre. Is he out of this world? If someone quits
>> MSFT, why buy YHOO, which Microsoft wants to grab? Just commission going to
>> waste...
>
>Microsoft's buyout bid was something like 1.5x the current asking price of
>Yahoo stock. If you sold $100 worth of MS stock and bought $100 worth of
>Yahoo stock, then when MS bought it, they'd convert that $100 in yahoo to
>$150 in Microsoft, making a 33% profit.
>
>Is that so difficult to understand?
Holy crap, you are *stupid*, Fuddie. You don't get the deal you
describe unless you made your move *before* the market, in general,
knew about the merger proposal. And in any case, there is the "risk"
(something that you were blubbering about) that the merger may not
even happen!
There's ZERO reason to believe that Microsoft investors did (or would
even want to do) what you describe, you fsckwitted moron.
Jezuz it's simply *incredible* what an asshole you Micro$oft defenders
will make of yourselves!
The bottom line is that *no one* sells stock that they believe will
soon go up. Period.
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