Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: John Meares who wrote (59931)	2/11/1999 9:06:00 PM
From: Clay Takaya	of 61433

A gap is OK as many things could still rock the boat on this deal and this accounts for this risk. But that it should widen as time goes on seems back assward. We should see the gap tightening as time goes on unless someone thinks Mory's gonna pull the plug unless he gets his/our $100/share for ASND. I think we'd better strap ourselves in for the roller coaster ride. BTW: Today I heard Joe Battipaglia on CNBC making a case for holding a bunch of "overvalued" tech stocks as core holdings as the demographics and the economy should push these stocks higher. Of course he mentioned LU along with MSFT, CSCO..., i.e. the usual overvalued suspects.

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