Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.59

+4.1%

Dec 4 3:59 PM EST

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To: Tim Luke who wrote (51193)	8/2/1998 11:03:00 AM
From: Clay Takaya	Read Replies (1) of 61433

<<My question is: Why is asnd spending money for this company "IF" LU is suppose to be buying them? Maybe the LU rumor will just end up a rumor.>> Tim: My conclusion is that the purchase of SRA is either a good idea or a bad one. If it is a good idea, then any LU deal (that may or may not be in the works) would NOT be affected. If it is a bad idea, then the LU deal is not going to happen. More worrisome to me is insider selling at this point. Even though virtually everyone on this board is poo-pooing the selling as as a typical pattern, I have to ask: If I felt my company was going to be bought out at 60+, wouldn't I hold onto my shares a little longer to make another 20+%? Maybe Morty needs a lot of cash to buy a small country somewhere, but it doesn't compute in my mind. Clay

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