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Technology Stocks : Ascend Communications (ASND)
ASND 213.61+1.5%3:10 PM EST

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To: James A. Venooker who wrote (56521)10/26/1998 6:55:00 PM
From: Immi  Read Replies (1) of 61433
 
all: any ideas?...

I am trying to 'guess' a time span as to when ascend will be
aquired. My guess is by end of november?. Any opinions?. I came to
this conclusion by giving the investment bankers 2 months to work
things out if at all there is some activity on LU's part.
At that point I plan to lighten up on Ascend, and basically get rid
of LU. In my opinion if LU is not nimble enough to realize the
"time to market" pressures of the market place, then "the old circuit
switched world is not for me". I give LU's management the benifit of
the doubt. Every, moment they loose they are loosing a foothold to
CISCO & Ascend... Why will I lighten up on ascend?. Well I plan to
keep some of ascend, but reinvest what I take out of LU & ascend into
other issues. Over the period of 1 1/2 year Ascend's stock
price is basically flat. I got in in May 1997 at 42 and change.
My greatest fear is that as soon as I sell, LU takes over ascend!!!.
Any opinions as to how long I should wait?. Regards, Immi
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