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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (18563)6/8/1998 10:04:00 PM
From: George Mc Geary  Respond to of 50167
 
NEW YORK--(BUSINESS WIRE)--June 8, 1998--Standard & Poor's Financial Information Services will replace Digital Equipment Corp. (NYSE:DEC) in the S&P 500 Index with Ascend Communications Inc. (Nasdaq:ASND) after the close of trading on Thursday, June 11, 1998. (RELEASED : Monday June 8, 5:47 pm Eastern Time)



To: Judy who wrote (18563)6/10/1998 7:40:00 AM
From: Logain Ablar  Read Replies (1) | Respond to of 50167
 
Judy:

RE ASND:

If this follows previous patterns there will be a flurry of buying right before the market close on Thursday. This "may" equate to a quick 15% gain in an hour or so.

I've seen a retreat once a stock is added so we'll have to see what would happen on Friday.

I read your Stock Attack post and agree its a quick trade.

Tim



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