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To: Sarmad Y. Hermiz who wrote (56801)5/14/1999 2:07:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
OT...OT

Sarmad,

How many Coms do you have? Coms is up due to the take over rumor.

The only "real smart" play I have had in the past year is SRA/Asnd/LU.
I have 2K plus Asnd long shares now which will give me about 4K LU. 1K of the current Asnd shares were from SRA. I did a SRA/Asnd Arb. position and later covered Asnd short shares and went long SRA; the non-taxable SRA/Asnd conversion gave me a cost average of Asnd $31.

Now that Coms is rumored with LU and Errison; and we are having a very bad market day?



To: Sarmad Y. Hermiz who wrote (56801)5/14/1999 2:56:00 PM
From: Mark Fowler  Respond to of 164684
 
It looks like we're all going to be a few dollars short pretty soon. Dow and
nasdaq taking a dive here. <<

On the Dow i think most of the gains from yesterday were skewed by Ibm, Ibm down over seven points now, cyclicals are relatively stronger today, Compx is holding well here on support 2533.