Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

Dec 11 3:59 PM EST

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To: Tim Luke who wrote (41612)	3/31/1998 9:29:00 AM
From: FrankInNYC	of 61433

I bailed from ASND last week because I felt the market was shaky, not because the fundamentals or outlook for ASND changed. If the Nasdaq starts tanking, it's going to take ASND with it (so I thought). On an unrelated note, I posted last week about ASND not being a possible takeover target because CSCO and LU were not interested in such a large acquisition, but preferred smaller cos. So I put in GTC limit orders to buy FORE, which I thought had leadership in ATM products, just not the distribution and sales figures to support them. Well, FORE now is a takeover candidate (again), but by Tellabs and possibly IBM. Unfortunately, I got cheap again, thinking that Fore would fluctuate between 14.5 and 15. Orders didn't execute. Could kick myself now that it is at 16.5.

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