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


To: Ashley Campbell who wrote (59209)1/15/1999 10:56:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 61433
 
Well, LU at 108 7/8 @.825 = $89.8
The arb. premium is around $4.7 per share.

I have 200 shares of LU and 450 shares of Asnd, selling the 200 shares LU and buying 250 shares of Asnd. JMHO and may not worth the trouble.

Your thoughts? (after all, LU/Asnd has been at work for more than a year, unlike Tlab/Cien.)