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

To: Jan Crawley who wrote (52502)8/21/1998 2:33:00 PM
From: Sure Thing  Read Replies (1) | Respond to of 61433
 
"I must be bullish on Asnd!"

Jan,

I loaded up on ASND today, I'm bullish! I consider ASND a safe place for my money, however, I am ready for some pain before the gain in October.

It will be a long wait,
- Sure Thing -



To: Jan Crawley who wrote (52502)8/21/1998 2:50:00 PM
From: Sanzen  Read Replies (1) | Respond to of 61433
 
Shorted 500 shares of Asnd @50 and bot 700 shares of SRA @32 3/8 a few weeks ago; as an Arb. play, as I reported to the thread.

I sold some ASND at 48 1/2 last week and bought it back
through SRA at 32 3/8 today.

The arbitrage was wider today, probably due to the TLAB/CIEN
news.


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