Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.91

-3.9%

3:43 PM EST

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To: Jon Cave who wrote (50215)	7/20/1998 2:56:00 AM
From: djane	Read Replies (2) of 61433

Jon, as supported by tomorrow's WSJ article and numerous analyst reports, LU would snap up ASND if it fell below $50-60 at any time after 10/1/98. The obvious LU/ASND strategic fit will provide strong "smart money" (kind of like a smart core switch) support for ASND in the event of any market decline. ASND is nowhere near its $80 all-time high (dissimilar to other tech stars) and not even over its 52-week high of about $56. I will aggressively accumulate more ASND at any price under $50. Any thoughts? djane

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