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


To: djane who wrote (50874)7/31/1998 11:45:00 AM
From: Duke  Read Replies (1) | Respond to of 61433
 
In speaking of the buyout, if the rumor turn out true and the deal is 2 1/2 share of SRA for 1 share of ASND I would be laugh all the way the bank. In that case I wish it be announced sooner. :-) Duke



To: djane who wrote (50874)7/31/1998 11:58:00 AM
From: Sonny  Respond to of 61433
 
You are right djane ... its an easy $3.5/share gap ... the only reason I can think of is today's general down market trend, and some traders taking off early on Friday and not wanting to get-in before the weekend.

It (SRA) will rise at the end of the day imho, as it has done for the last 2 weeks, and some nimble, astute traders will fill out that gap!

regards to all,
-/Sonny.



To: djane who wrote (50874)7/31/1998 12:17:00 PM
From: djane  Read Replies (1) | Respond to of 61433
 
Bought at 46.5 for trade