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Technology Stocks : Ascend Communications (ASND)
ASND 213.14-0.1%Jan 5 3:59 PM EST
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To: Jinfu Chen who wrote (59588)1/27/1999 8:24:00 PM
From: Jan Crawley   of 61433
 
The arb. spread has been around $5/$6 in the past week or so. During the day while volatility persists, the spread is $6. It narrows to $5 towards closing.

I think that we will see the spread to be within $4 range next month, and $3 in March....so on. IMO, this is not un-usual.
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