Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: FoolishFlyer Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 294  
Subject: Re: SOLD!!!! Date: 5/18/1999 3:33 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I think I'll hang on and see if GD can regain the 70s as it took a hard hit on this news. I really thought it wouldn't since GAC is so profitabe. I thought GE would gain a few dollars giving us a great arbitrage spread. I still think if the market gives us a break we can get 73 bucks for GAC.

Kind of like a reverse Boeing/McDonnell-Douglas deal. In other words, Boeing bought McD for their military and defense divisions to smooth out the ups and downs of Boeing's commercial air group. Lockheed/GD bought GAC to offset the slowdown in their defense divisions.

Anyone know when the one-for-one stock exchange will take place? Trying to decide whether to sell GAC before the exchange (I'm guessing they'll peak at around $70) or wait for the exchange and sell GD. I know their business and I don't see the growth in GD that I can get elsewhere. Unfortunately, the TA is beyond me.

Dave
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Considerable Headwinds for Profire Energy?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement