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

To: Mighty Mizzou who wrote (60685)	4/8/1999 9:57:00 AM
From: GJLevine	Read Replies (3) \| Respond to of 61433

Can I ask a question and not get bashed, please. Long ASND in the IRA. ASND price has significantly benefited by the acquisition by LU and as such I am concerned their earnings will not justify the market price when they report on the 27th. I do believe LU will report positively on the 22nd and propel the LU and ASND shares respectively. I'm thinking about selling the ASND shares after the LU earnings and buying back after the ASND earnings report. I expect the spread to open more than the current $5-6 range from an earnings report by ASND which will not justify the market price of ASND. Opinions on these thoughts would be welcome. Thanks Glenn