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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%3:59 PM EST

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To: blankmind who wrote (34767)2/13/1998 12:48:00 PM
From: john dodson   of 61433
 
It's looking like $35 is the next hump. We hit it both yesterday and today, and bounced back both days. It's interesting that $35 is also the price that LU was rumored to have offered for ASND.

Back then, a lot of SI'ers would've taken the $35. Now, virtually no one would be content with $35. $40 is the low end of what folks on this thread would accept as a good offer for a buyout.

Good Trading All,

John Dodson
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