Ascend Communications (ASND) Message Board

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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: HammerHead who wrote (25940)	12/4/1997 11:35:00 PM
From: Clare	Read Replies (1) of 61433

<<Everyone makes a mistake. You shouldn't feel sorry, expecially the unexpected buyout deal. We have been talking the possible merger on this thread for many months, but no one knows when the news will pop. You had made some excellent calls (trading) on ASND before it went down below $30. Though I disagree with you recently since you flip flop frequently on Ascend, but I still read your post as valuable different opinion.>> The fat lady hasn't sung yet. Tim might still be right. Remember this is just reporting what happened some time ago. When LU made an offer, and Mory rejected it. Gary's detective work showed that some big guys accumulated, and then sold lately after learning the deal is off. What I wonder is, why did it get leaked to the press now? What if the only reason to leak this story now is to scare the shorts, generate some hype, because someone wants to sell? As it stands right now. There is no deal. Lucent offered and they were spurned. Ascend management may be holding out for a higher price, but then again, so did Apple when Sun made their offer of $32.

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