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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%3:59 PM EST
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To: djane who wrote (46389)5/8/1998 9:41:00 PM
From: Joseph Colombo  Read Replies (1) of 61433
 
<<Ascend is anything but a steal, but
that might not matter in a stock swap.>>

djane,

I just had a bad thought.

LU buys ASND with a stock swap. Then LU (which most people feel is a little pricey) tanks 50%. At that point my ASND is gone, and all I have is LU which is worth 1/2 as much as it once was.

Then I wake up.

Thank God.

Joe

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