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Technology Stocks : Ascend Communications (ASND)
ASND 209.40-1.5%3:04 PM EST

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To: margin_man who wrote (56957)11/9/1998 10:17:00 PM
From: E. Davies   of 61433
 
I suggested buying back the call at the best possible price. I don't think that we'll be below 45 at expiration (though you never know). I also don't see why we won't wake up one morning and see an LU buyout at 60+.
I find it quite odd that as Oct 1 came and went the buyout talk dried up. Anyone have a good reason why? LU is as healthy as ever.
Eric
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