Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

Dec 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: djane who wrote (50078)	7/15/1998 2:59:00 PM
From: djane	Read Replies (3) of 61433

Jeez, I think Pisani's been reading the ASND thread. Just gave a very positive summary of ASND's prospects. Mentioned LU takeover rumors. Interestingly, he referenced a Gerard Klauer analyst who said CSCO may buy ASND to keep it out of LU's hands. Also mentioned Alcatel and ERICY as possible suitors. Pisani said ASND price rise is related to "strong business" and "strong company," not just takeover rumors. Mentioned 23.4% seq. growth in switches in Q298. Mentioned Ashby's CC earnings estimates as providing "very good visibility" and backed analysts estimates. Mentioned $60 buyout figure [personally I think $75 is more likely]. Pisani ended with, "The world wants their products."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next