Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.44

+1.9%

12:39 PM EST

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To: gbh who wrote (47993)	6/4/1998 11:24:00 AM
From: Darren	Read Replies (2) of 61433

Darren, DIGI is no longer really trading as DIGI. Its price is tied to ALA. Right, so it's "fair" market value is tied to the deal. But there are humans involved, remember? Fair market value today will be defined as the number of buyers minus the number of sellers (+/-) and we know there will be more sellers than buyers today, due to arbitrage. I have a pivot of 27 1/16...that would be my revised close estimate. BTW, we are trading at the day highs...and going through them.

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