Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.59

+4.1%

Dec 4 3:59 PM EST

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To: Sector Investor who wrote (27225)	12/9/1997 2:28:00 PM
From: Tim Luke	Read Replies (2) of 61433

My Take: After being involved with stocks that I have owned that have been rumored with takeovers and with stocks that have been takenover I think there is something going on here. I'm starting to believe there will be a takeover (LU ? ) but I don't think they will be getting the $40 they are asking for. I find it very hard to believe CNBC would risk making a statement like that if it was just a passing rumor. Maria said it came from a good source and believe me they double and triple check this stuff out before they air it. But the key here is Why is it so quite all of a sudden, I thought for sure that asnd would be in the mid-20's right because it was false. Also all these 10k blocks that Gary has pointed out are a sure way to buy a hell of alot of shares without running the price up to quick. my 2c only

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