Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: stilts who wrote (48479)	6/9/1998 5:04:00 PM
From: Darren	Read Replies (1) \| Respond to of 61433

Sorry, I was thinking tomorrow was the 11th. Make that "market price at close" buy orders on Friday or Monday, depending on exactly what time of day Ascend is added to the index on Friday. It could be argued that funds were buying like crazy today -- witness GSCO selling all the shares opposite the fund buying. But my understanding was that the fund indexes had until July 1 to buy ASND for their portfolio...theoretically they will be selling DEC at some point as well, but DEC was up 15/16. I think a) we are reading tea leaves, b) 50 is a tougher barrier than most people thought...myself included.