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Technology Stocks : Ascend Communications (ASND)
ASND 212.38-2.2%3:59 PM EST

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To: Duke who wrote (54656)9/24/1998 1:14:00 PM
From: Drake  Read Replies (1) of 61433
 
Duke, I think you're right about the current price being "fair value", and the perceiving of greater earnings driving the price higher after the first of the month -- but built into that will also be the perception of an LU buy-out. Then, if the buy-out doesn't occur the price will probably take a hit, imo. The question is whether the risk/reward is worth buying at the existing price.

And, I also agree that .70 is not going to "do the trick".
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