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


To: Jorj X Mckie who wrote (59505)1/22/1999 10:46:00 AM
From: Art M  Read Replies (2) | Respond to of 61433
 
No, didn't follow. One would think that a company that is big and smart like LU wouldn't make a casual offer without a lot of DD. Or could it have been a preemptive move - keeping other bidders away while LU does further DD? With LU's deep pockets it would seem to scare other bidders away.

Anyway, I am long the calls (bull spread). Any arb plays here?

Thanks
Art