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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Paul A who wrote (9352)1/22/1999 4:42:00 PM
From: GSD  Read Replies (1) of 90042
 
Not losing faith in ASND/LU

IMO, still see buying opportunity for ASND.

First there's the discount to the .825 shares of LU. That will close as the deals comes to closure.

But more importantly is the potential effect the news of a LU split will have on the 2 stocks. The last split was announced at last year's shareholders meeting. From the day before the meeting to the day of the split, LU up 50%. Assume there's a split at this year's meeting (Feb 17). Can't have split until proxy vote to increase # of shares passes; so, it won't be before. While I would be shocked to see a 50% again, it won't surprise me if there is a nice run.

Hope to see it. Long LU and ASND.

GSD
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