Ascend Communications (ASND) Message Board

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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: The Phoenix who wrote (54636)	9/24/1998 1:03:00 AM
From: James A. Venooker	Read Replies (2) of 61433

Dear Gary, If I could...I would. The price is .7 shares of LU for our ASND stock. Should value the deal in and around $58 to $64. Currently, LU is on the move, if it can get into the high 80's (as it should) then the deal would be much closer to $65. <<what makes me think the deal is done?>> I can tell you it is more than a "gut" feeling. As I have said before, I believe this deal is already done (legal complexities prevent it from being public until October 1). This would also explain the lackluster performance of ASND today on a strong Nasdaq run up. Look for ASND to keep pace (not day to day) with LU at a .70 split. If you track the two stocks and go back 45-60 days, they have been mirroring each other. ALL BS ASIDE, BANK ON IT!! Good Luck, Jamie

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