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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 3:59 PM EST
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To: Tim Luke who wrote (26904)12/8/1997 9:05:00 AM
From: WBendus  Read Replies (2) of 61433
 
Tim,
I too suspect that much of the rumor rally is over for ASND. I was fortunate last week to get into some call options on Wed and out of them seconds before the stock slipped below 30 on Friday. The only way that LU could buy this company is for them to do a $6 billion debt offering. They are not going to do it in my opinion.

I also think that Maria had better be careful of the stories she is breaking and the demeanor she uses to break them. She may be looking for a new job if she keeps breaking rumors and not news.

Wayde.
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