Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Clay Takaya who wrote (50596)	7/29/1998 12:49:00 PM
From: Philly714	of 61433

Clay, "I like ASND's positioning in the WAN market, but without the acquisition angle, I think there are better fish out there." From what we have heard Mory is ready to go it alone (assuming someone does not make an offer he can't refuse - no horse head required). Are you saying if LU does not come knocking by 10/15 the stock will be back into the 30's ?? I was shocked to see it actually touch below 50 yesterday but with another solid quarter being announce in October I think the LU affect will be far removed by that time. If LU does come knocking I would look for 65 - 70 at a minimum.... Philly714

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