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: James A. Venooker who wrote (54741)	9/27/1998 10:06:00 PM
From: The Phoenix	Read Replies (1) of 61433

James, I appreicate your comments. We'll have to wait and see. As for your "predictions" about a 50 basis point cut or CPQ rebounding...those are easy predictions to make...Hell, I bought CPQ at 29 and change. They're way undervalued. That's not rocket science. Fed rate cut - everyone expects that to happen. As for LU ASND...I continue to think that this remains a strong possibility but in my estimation it is not a done deal. So, I continue to keep my ear to the track on this one. I'm still curious about your source. I can tell you one thing...LU will not go for a deal that is dilutive to earnings. Watch that. OG

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