Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.03

+0.4%

2:47 PM EST

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To: tech101 who wrote (54792)	9/28/1998 6:28:00 PM
From: Stephen	Read Replies (1) of 61433

I know that the recent price action of Lucent suggests something is happening, and I recently closed out a position in the stock because I didn't like its weakness. As they recently confirmed that they were happy with this qtrs numbers the conjecture was (certainly from my point of view) that they were either not happy with the whisper number or not so happy with the forward business projections. Either way, given the form that any takeover would take, I wonder whether they really are going to make a play for anyone as expensive as Ascend. Their currency (stock price ) is probably not as strong as they hoped, and if they do disappoint with earnings or projections that will only exacerbate the situ. In saying that, their history suggests they feel the need to grow...... but I sense a real hesitation over there and I think theres something more fundamental than a takeover move. JMHO.

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