Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: Leeza Rodriguez who wrote (46370)	5/8/1998 7:16:00 PM
From: Andreas Helke	of 61433

I am not sure if I should be happy about the Cascade buyout. Going into the merger I had more Cascade than Ascend shares. The merger announcement was delivered together with an Cascade earnings warning that would have provided a very nice buying opportunity for Cascade stock. And the Cascade business has higher growth rates than Ascends remote access and it recovered earlier. I have some former Cascade shares at the equivalent of $102 per Ascend share. Thanks to several rounds of averaging down my overall position is now profitable but is still seriously lagging behind the S&P500 performance. Andreas

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