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Technology Stocks : Ascend Communications (ASND)
ASND 208.27-2.4%12:40 PM EST

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To: Tim Luke who wrote (18403)10/20/1997 12:10:00 PM
From: Andie Wei-Ku Lin   of 61433
 
Tim:

Do you see the rumors of a takeover are constructive or
negative for Ascend? On one hand, if TO rumors prove to
be false, people will think that the only reason the stock
ran up or had a bounce was because of the rumor itself,
and nothing else...and thus will sell off the stock.
On the other hand, the rumors may actually lead to a real
TO.

At this point, do you see the TO rumors as a good or bad
thing? Also, about a month ago, you seemed much more positive
on Ascend, mentioning that your friends were purchasing 500K
shares and that it was a good buy below X-dollars, etc.

More recently, you see to be taking pot shots at the stock
with smart one-liners, etc.

What is you cut-the-crap outlook for Ascend, minus the smart-ass
remarks?
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