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


To: vinod Khurana who wrote (59955)2/12/1999 6:25:00 PM
From: Alok Sinha  Respond to of 61433
 
LU below 85 can happen only if NASD drops below 2000. What are the odds of that happening ( I would say 10%).

Also why would you buy LU at any price, now that you can buy ASND to get LU cheaply. If you are scared of the deal not going thru, just buy some out of the money puts - the price artibrage between LU and ASND is more than enough to pay the premium.

Regards

Alok