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Technology Stocks : Ascend Communications (ASND)
ASND 207.68-0.7%10:26 AM EST

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To: FUZFO who wrote (35440)2/19/1998 4:46:00 PM
From: Gary Korn  Read Replies (1) of 61433
 
It's tempting to look at LU trading right about at $100, recently announced stock split, starting a business unit to explore telecom opps. and apply your theory on CPQ last nov-dec to LU. CPQ did in fact make that big purchase after their stock split but who would have thought it would be DEC? I actually owned 1k of DEC last fall but sold around 41. Back to LU, any comments ? Will they soon be on the prowl again (ala Livingston)?

Fuzfo,

1. Nothing by LU until October 1.

2. Keep close tabs on Edgar-Online vis-a-vis any filings by LU (e.g., share authorization in excess of what they need for a split).

Gary Korn
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