Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 204.21

-2.3%

10:34 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bucky89 who wrote (56577)	10/28/1998 9:12:00 PM
From: Jim Ray	Read Replies (2) of 61433

bucky 89 < I am still convinced that ASND will be picked up very soon by LU> I think what we are seeing here is the classic big corporation thinking, on LU's part, brought with them from T. don't make a move until you have had at least 100 internal meetings on it. No one wants to make a decision so they appoint another committee to study it. If Bernie Ebbers or John Chambers was running LU, they would have both pulled the trigger on ASND, the first day they were allowed a pooling of interest. It is evident to anyone with a rudimentary understanding of networking, that LU has to have ASND to compete with CSCO. If they don't buy ASND or buy another company and hope to catch up, the game is over. Cisco wins. Or they can wait until Mory gets ASND up to $60 and be looking at a $80 to $90 asking price. ASND knows what they have have and they are not going to give their self away. These are my opinions and they are based on very little knowledge. Jim DISCLAIMER: I do not own any LU or CSCO stock. (I sure have a lot of ASND that I would like to dump for $60's)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next