Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

3:59 PM EST

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To: username who wrote (29238)	1/3/1998 11:11:00 AM
From: Jeff Jordan	Read Replies (1) of 61433

The scary part is look what happened to MCAF. The stock shot up prior to announcement. It announced the done deal a stock swap after the market closed on a Friday I believe. And that was it, the stock then dropped like a rock. I was burned pretty bad. So, if it happens that way look out. My plan is to get out after run up and then watch what happens next. Not knowing what will happen makes it very hard cement plans. That would be my plan in such a senario. Your price projections seem doable in such a case. And I would definetly exit in that range if it ran to there w/o an announcement. I'm not suggesting it will happen this way....its just a recent experience I don't want to repeat. I am just afraid of done deals...stock swaps...after hours Jeff

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