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


To: Thomas M. who wrote (59093)1/13/1999 10:20:00 PM
From: Clay Takaya  Read Replies (2) | Respond to of 61433
 
Don't you also lose out on the gain if LU goes up and takes ASND up with it? I want to ride this baby into the next century!!!

You're thinking buy ASND, short LU, lock in the spread. This is one method LTCM used to go bankrupt this summer. The risk is if the deal doesn't go through.

Clay