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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Gary Korn who wrote (24569)11/24/1997 8:01:00 PM
From: Steve Morytko  Read Replies (2) of 61433
 
Boy, you guys are really worked up with this takeover speculation. It's starting to feed itself. It's funny how buyout talk follows stocks that have tanked (ASND, FORE, ...). Must be a human condition - probably some form of denial. I suppose the buyout price is assumed to be some figure above each speculator's basis. What if it wasn't?

I'm optimistic about Ascend but I'm content to wait a while for the payoff - longer than a few weeks/months. Of course, I've only recently acquired shares so I don't have to hope as much. :-)
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