Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

3:59 PM EST

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To: gbh who wrote (48339)	6/8/1998 8:34:00 PM
From: Sowbug	of 61433

Contest update <http://townlet.com/sowbug/contest/>: Congratulations to all ASND longs! Wish I hadn't sold my June 45 call options last week! In case you didn't already know this, buying on market open the day after the announcement of a company's addition to the S&P 500, and then selling on market close the day the stock is actually added to the index generates an average 55% annual return. Source: Los Angeles Times, early 1997.

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