Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.57

+4.1%

3:59 PM EST

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To: gbh who wrote (48326)	6/8/1998 8:05:00 PM
From: Michael Harb	Read Replies (2) of 61433

I believe I heard something to the effect on CNBC that S&P Index funds couldn't or didn't have to begin adding ASND until July 1. One thing I am quite confident of is that the 30mm or so shares that need to be purchased arent' going to be sucked up in the next 2 days. It will likely be over the course of a couple weeks or more...Does someone have some more info on how this works? I think we will see a good pop to the mid 50's tomorrow and then a more gradual ascension towards 60 over the next few weeks. Lucky me. I bought 50 July 40's on friday. I'm sure I'll never meet with such luck again in the near future. regards, mike

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