SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: John Meares who wrote (59841)2/8/1999 11:51:00 PM
From: djane  Read Replies (1) | Respond to of 61433
 
LU is 100 11/16 which by the .8125 conversion works out to be ASND 82. ASND is 75.5! Why?
My theory. Arbs have gotten burned lately (e.g., CIEN/TLAB) -- hence the large spread. Take advantage of it -- I have. Do your own arbitrage if you believe in the strategic fit of LU/ASND (as I have for a long, long time).