Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Jan Crawley who wrote (52502)	8/21/1998 2:50:00 PM
From: Sanzen	Read Replies (1) of 61433

Shorted 500 shares of Asnd @50 and bot 700 shares of SRA @32 3/8 a few weeks ago; as an Arb. play, as I reported to the thread. I sold some ASND at 48 1/2 last week and bought it back through SRA at 32 3/8 today. The arbitrage was wider today, probably due to the TLAB/CIEN news.

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