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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 3:59 PM EST

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To: James A. Venooker who wrote (54633)9/24/1998 10:49:00 PM
From: Jack Whitley  Read Replies (1) of 61433
 
<<Jack, I know you are long, but at what point would you pull the trigger after the merger?>>

I am lucky, I got in last fall, not at the bottom, but near, and got some more at the end of the year. Then watched us drop from $55 this summer.

To answer your question: Call me crazy, but I think that if LU merges with ASND, LU will actually start marching back up due to the market's anticipation of the combined company capturing a LARGE slice of that $650 billion in 2001. I already have some LU spun off from AT&T shares, so I might just hold it all since someone has to build out the worldwide internet. I would hate to not participate in that as an investor.

jww

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