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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: pass pass who wrote (29223)1/3/1998 2:28:00 AM
From: JR2  Read Replies (1) of 61433
 
HEY pass pass THAT makes sense. TAX LOSS selling in ascend with a bid 10 points higher blurting out of MARIA B's mouth---THAT would make me run out and grab 25 JUST TO GET THAT LOSS!!! Bottom line LUCENT does big business with ASCEND, and BAY... BAY will benefit because of great pipeline with LU .... ASCEND to a lesser extent NO DEAL WITH LU just yet maybe 3rd qtr... LU Telco people think NT is about to close in on SHVA... thats coming from inside LU chatter... RUMORS,RUMORS Is ascend worth 8 billion in mkt cap? THATS 8-9 times sales at 40/shr. I'm long ascend but I surely understand the SHORTS ..5times sales is RICH--they better get BOT. SHVA on the other hand trades at less than 2times sales. D'ont u think NT and LU can multiple??
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