Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.43

-1.2%

3:36 PM EST

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To: Edward J. Edwards, III who wrote (43756)	4/11/1998 1:17:00 PM
From: Christopher Reed	Read Replies (2) of 61433

ASND is really up in Franfurt. ed- Your post is very helpful to clear up the crap about asnd's price on exchanges that were open Friday. But you are using an exchange rate based on the CBOE futures quote. If one were to take 73DM to the currency exchange the rate of exchange would be 1 USD = 0.548546 DM. and one would get 40.04 USD. quote.yahoo.com Your rate puts ASND slightly down Friday in Frankfurt at 39.6974. Fridays close on NAZ was 39.8740. This would put ASND down. Using the spot rate ASND would be 40.04 Which is up. >> This is the link I use for oversea's price quote on asnd: finance.yahoo.co.uk. For the conversion into DM I use this link: cme.com But this link wont have any information on DM until 6:30 pm EDT on Sunday. But I believe the DM close at .5438 on friday. 73.00 * .5438 = $39.6974 per share of asnd. But Frankfurt Stock Exchange was not open to the best of my knowledge on friday. << Cheers.. Chris. Happy Easter

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