Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.82

+0.6%

10:07 AM EST

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To: vegetarian who wrote (26248)	12/5/1997 11:20:00 AM
From: Jeff Jordan	of 61433

Until we get a buyout news would be hard to maintain the price at this level based on just retail speculators so we may get some pull back in the next week if the news is not out by then. yeah, the hard part is any possible weekend action. But I don't think so. We can easily hit $35 by options expiration now. But I still believe LU may have a tentative deal. I want to roll my Jan25 to March 25....if given the opportunity today. 2 reasons: 1) I believe no announcement will be made till after Jan1(if LU is buyer) 2) Q4 earnings announcement.....to close to expiration date . I expect small run previous to that and nicer pop after. Jeff

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