Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

Nov 20 3:59 PM EST

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To: Maverick who wrote (25442)	12/5/1997 10:52:00 PM
From: Gary Korn	Read Replies (1) of 61433

Maverick, What do you make of the LU (or possibly NT) acquisition rumors of this past Thursday and Friday, December 4 and 5? You had previously given a LU takeout of ASND less than a 20% chance (after LU announced its deal with Livingston). Your thoughts and comments would be appreciated. Incidentally, it was prescient of you to have suggested, in your last post, that shorting ASND in the low 20s would be risky and that it would be better to sell naked puts. Would you continue to invest in naked puts, even at the current price of 29? Gary Korn

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