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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Jorj X Mckie who wrote (52488)8/21/1998 3:21:00 PM
From: The Phoenix  Read Replies (1) of 61433
 
Yes...beleive me, I saw CIEN. My butt is killing me.... Why the hell I didn't sell right after the announce... I guess I thought TLAB was going to take them to 100+. I was a pig, I admit it.

As for FORE and NWK, I have no opinion. I think that one could go either way - and remember with or without this acquisition you have the speculative influence of a buyout on FORE. I don't think a NWK buy would make a purchase of FORE any less attractive..and perhaps might even enhance it given NWK's voice interface and packet data background, along with great penetration in nets - especially in Latin America. Of course there are a whole set of obvious negatives.

Gary (OG)
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