Saturday, December 20, 2008

Foundry Networks = Done Deal

I'm still taking quick glances at the markets from the other side of the world. It looks like Foundry Networks (Ticker: FDRY) has finally closed. I only ended up making ~ 1.75% on this deal. I'm not going to complain because this deal almost blew up in my face. From this deal, I learned not to get too greedy by backing up the truck in one deal. I really lucked out big time in this arb play. A little sign of relief...


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