Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: thebeach who wrote (58943)	1/13/1999 11:43:00 AM
From: Chuzzlewit	Read Replies (1) of 61433

thebeach, ASND and LU will stay in a very tightly linked pattern due to the establishment of hedged positions. This will consist of shorting one stock ad going long the other in the appropriate ratio. If the price of ASND begins to rise too much it will be shorted by arbs. Therefore, the current short position is irrelevant. In case you are interested, the arbitrage position is shorting 1000 LU for each 1,212 ASND you are long. TTFN, CTC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next