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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%3:59 PM EST
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To: John Meares who wrote (38158)3/6/1998 8:38:00 PM
From: DHB  Read Replies (2) of 61433
 
CNNfn, for all--- the editor of red herring was being interviewed on digital jam and a caller ask what his thoughts were on ASND. He mentioned the recurring rumor of LU and mentioned that there had only been one or two IPOs in the last year or so in the networking sector and the trend was aquisition of small companies, His synopsis was that ASND would be aquired before year end at 5-7 dollars above the current price. This is what I heard over supper, kids talking so on - so on.. Never hurts to have some more retail.
DHB
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