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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Zoltan! who wrote (50544)7/28/1998 9:04:00 PM
From: Clay Takaya  Read Replies (3) of 61433
 
Can we cut this major OT action (especially the ridiculous holier than thou crowd that has mysteriously cropped up out of nowhere)?

Has anyone (other than me) got the feeling that ASND stock price is going to move lock step with LU? LU's currency in a buyout will most likely be its stock so if the stock price goes down then its ability to pay a premium for ASND is diminished. Hence, ASND's stock price should drop as well.
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