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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Susan Saline who wrote (15553)7/31/1998 2:59:00 PM
From: tom pope  Read Replies (3) of 53068
 
Apparently the downdraft is due to the possibility that ASND may be preparing a bid for STRATUS (SRA), and I suppose people are remembering what happened in the Cascade acquisition, or perhaps that buying SRA would make ASND less attractive to LU, which itself is (was?) supposed to be preparing a bid for ASND to take place later this year.

Whatever. I was hoping to get in cheap for a position hold, but won't hold any loss even on position trades (except GMGC, <sob>)
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