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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?


To: Nazbuster who wrote (1873)11/8/1998 7:29:00 PM
From: Tim Luke  Respond to of 7382
 
<action on asnd>

well asnd was moving pretty well in the last two trading days and it finally broke through that 50$ wall (good sign) BUT later in the day it lost all it's gains for the day.

the deal here( IMO) is that the race is on to find out which company or companies LU will be buying....my list is xyln,nn,ericy and maybe asnd.....xyln and nn both did well on friday and the options activity heated up again on xyln.

i will tell this, if LU comes out and buys any of these companies besides asnd i will bet this stock will drop hard.....i don't care what anyone says, asnd is still moving on takeover hopes and one hint of that not happening it will shed several points.