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Technology Stocks : Ascend Communications (ASND)
ASND 211.08-0.6%1:24 PM EST

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To: Tim Luke who wrote (53174)8/30/1998 2:02:00 PM
From: Jan Crawley  Read Replies (1) of 61433
 
Tim,

Be honesty; I did an Asnd/Sra Arb. and shorted 500 shares of Asnd at $50 on the Merger announcement day. Because of the swings I covered and shorted twice in the past 2 weeks. I imagine that big Arb. players were doing the same thing.

Why do you think that Asnd will dip around $5 or so? General market conditions?

p.s. Do you know if Friday is trading day?
Ty
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