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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: sepku who wrote (35856)2/22/1998 5:47:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 61433
 
<<Many!...considering both stocks fell 20% upon news of the acquisition.>>

Sorry to have to correct you Style, but ASND fell from $52 to $40 after the announcement. CSCC was at $27+ and stayed about the same price. 0.7 times $40 = $28, less a bit for arbitrage.



To: sepku who wrote (35856)2/23/1998 10:18:00 AM
From: Falcon  Read Replies (2) | Respond to of 61433
 
well it look like one of those days....

perhaps 35 will hold here