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Technology Stocks : Ascend Communications (ASND)
ASND 196.07-0.4%11:51 AM EST

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To: thebeach who wrote (32691)1/30/1998 11:18:00 PM
From: Tim Luke   of 61433
 
<I will go out on a limb and predict 40 by option expiry this monthy>

That might be strecthing it, my reason is that the stock will stay trading below 35 until it is aquired.

Now I could be wrong here and the people that I get info. from could also be wrong (but that is rare). But I will state that I do believe they will be aquired (csco or LU) and I think the # will be 40. But keep in mind if either of these companies buy asnd in a stock swap you will be far better of then owning asnd on its own.

"IF" they are not aquired this year I doubt you see anything over 45 for the year.
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