Ascend Communications-News Only!!! (ASND) Message Board

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Technology Stocks : Ascend Communications-News Only!!! (ASND)

ASND 207.16

-0.9%

2:02 PM EST

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To: Maverick who wrote (384)	10/22/1997 1:02:00 AM
From: blankmind	Read Replies (3) of 1629

any know if this is true about asnd buyout (from wall street whispers)? wallstwhispers.com Ascend Communications (ASND) 34 1/16 down 7/8. We received a very interesting phone call from one of our sources. They told us that last Wednesday night (one day before a major investment firm was supposed to do some kind of a bond deal for ASND), ASND told the investment firm not to do the deal at the very last minute. If this is true, it could mean that ASND is in play and we hear the most likely candidate is still Lucent Technologies (LU) with a price in the low 50's.

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