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: Gary Korn who wrote (20474)	11/2/1997 10:12:00 AM
From: Jeff Jordan	Read Replies (1) of 61433

I think both stocks would run up to $50 prior to an announced merger. But after that, a quick fall back to $35. $40 would probably be expected. Do you think rumors will start on WS like they did with LU? Thats how I got burned on the MCAF merger,Once the after hours annoncement was made the game was over. MCAF opened -7 Monday after. I would still expect Ascend to take off after the new year. I do expect to see more good company news on products and deals. I also expect the upgrades to start coming in. I think ASND is so beaten down any more weakness in the market will have little effect on the share price. Jeff

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