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To: Jan Crawley who wrote (12581)8/4/1998 10:04:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
I bought some Asnd back at $44, wrote some puts, and initiate a small arbi. position on
Asnd/Sra for the first time. I am really long Asnd now!!


Jan,

I bought Ascend the day of the rumor they were buying SRA. I sold ASND at 49 1/4 today and later in the day bought SRA. We are both long:-) It feels good to be making money again.

Glenn