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Technology Stocks : Ascend Communications (ASND)
ASND 213.36-3.3%Dec 15 3:59 PM EST

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To: sam who wrote (32627)1/30/1998 1:21:00 PM
From: The Phoenix  Read Replies (1) of 61433
 
I don't think I said that...did I? Even so, I'm certainly not as long as most on this thread. Furthermore I'm not overly enthused about ASND's chances in their market to compete - products or not. They are losing the battle no matter what most of the bulls here say. Now, being bullish on ASND because of a possible acquisition - that my friend is another story altogether. As I read posts here what I'm seeing is a lot of folks saying what a great company ASND is, then they go on to talk about a possible acquisition. Hey, if ASND is such a great company, and has such great products, and is trading 60%+ off its all time high, why would they want to be aquired? More importantly why would the longs here want them to be aquired? It seem to me, if everyone believes in the ASND story, that the longs would want ASND to go it alone and return to the days of glory - 90!

So, I see mixed messages. I'm long, but because I think they are an acquisition target and if not acquired have little downside risk. I don't have any visions of granduer relative to their ability to compete on their own however.

Gary (not Korn) <---- I guess I'm going to have to continue doing that.
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