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Technology Stocks : DSC Communications -- Ignore unavailable to you. Want to Upgrade?

To: Norm Magic who wrote (4224)	6/4/1998 3:38:00 AM
From: Piranha	Read Replies (3) \| Respond to of 4429

Actually, my "short-term" play started in the middle of February. THAT was the 20 I was talking about.... Hoped to catch the next "UP" wave and sell at 22-24 within a couple of weeks. Nothing but misery since. Nice to know I'll finally be rewarded for not giving up, although I'll be the first to admit this one was pure luck! As far as DIGI price goes, typical behavior in a situation where Company A announces they are buying Company B in a stock swap and gives a firm ratio (0.815:1 in our case) is that Company B trades at that ratio of Company A's price until the deal is complete. I'm betting on an open around 35-3/8 (43-7/16*0.815, assuming the ALA bid isn't dragged down before open), but that ALA stock will drop rapidly from there due to the news, and take DIGI price with it. Needless to say, I'm going to try to sell at the open. Piranha