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


To: DHB who wrote (51289)8/3/1998 4:44:00 AM
From: djane  Respond to of 61433
 
Predictions anyone? Asian/US markets aren't doing well and will limit ASND upside. Wall St. hates to look stupid but realizes that Friday was a selling panic. ASND will rise a couple points to $46.5 on Monday and will end the week at 49 7/8 (best guess). Take all with a grain of salt. djane



To: DHB who wrote (51289)8/3/1998 4:50:00 AM
From: michael modeme  Read Replies (1) | Respond to of 61433
 
Dan, The only way that you would get a better return on buying SRA rather than ASND is from the closing of the gap from the current price to 0.75 X ASND. (the difference is from the chance that one of the companies backs out) Factoring this out, one gets the same rate of return with SCA as with ASND. For example, if ASND rises from 44 to 54 (one would get a return of 23%) and SCA would go from 33 to 40.5 -- once again a return of 23%. Cheers