Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

Nov 19 3:59 PM EST

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To: Tim Luke who wrote (54234)	9/16/1998 4:35:00 PM
From: Dee Jay	Read Replies (1) of 61433

there is truth to the fact that rumors have helped the price but the underlying reasoning in the rumors is that the company is well situated either as a candidate for takeover OR as a standalone company. It has made very few miscues along the way and there are too many well respected individuals who see strong growth continuing. We may chide analysts but the fact is major buying decisions (and selling, of course) are made by analysts. If LU passes on ASND of course there will be some affect and the traders will have a field day if they shorted but long haul investors (who review their holdings as appropriate) may see that as a blip and hold without panicking. There are differences between traders and investors - don't mock people who fall into the latter category as being enamored of the stock when the decision to buy or hold is based on logical and solid fundamental reasons. And Tim - you may have been written up but you are not a guru - not mine, anyway. Do what you want and live and let live, OK?

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