Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

3:59 PM EST

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To: The Phoenix who wrote (55198)	10/5/1998 1:06:00 AM
From: James A. Venooker	Read Replies (2) of 61433

Dear Gary, I disagree. I believe it is very likely that LU will announce (probably this week) a major stock buyback, as we all know, LU has tons of cash). LU could announce a major stock buyback, boost shares quickly (with a little help from the market), and then look to make a move to ASND. This entire scenario could happen in a matter of 2-3 weeks. What do you think? Jamie

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