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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (6744)	9/3/1998 5:53:00 PM
From: Judy	Read Replies (1) of 34808

Hi, Tom Do you notice how ASND is trading in lock step with LU ever since the rumor in mid-July that LU would buy them out? It is as if the market assumes a .6 share exchange buyout, with ASND trading at roughly 1/2 the price of LU and the arbitrage spread due to uncertainty of the deal. Did you pick up some CIEN after all?

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