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 206.29

+3.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: thebeach who wrote (57375)	11/22/1998 1:51:00 AM
From: Dennis R. Duke	Read Replies (1) of 61433

See my post on NN. ML (Merrill Lynch) wrote a report on friday to counter a rumor in the market that LU was going to have a conference call to announce layoffs or restructuring. ML reported that was not true. But more interesting is that ML was not the lead in the $500m in debt done this week for LU but is RESTRICTED on LU right now. Their report says "Soclicitation of commission orders is prohibited" on the face of their report. What's up? Is it the rumored purchase of 15% of NN? Could it be Mory will call in from his honeymoon and sell ASND? Is another networker going to steal the thunder? Or is it everybody is doing their own thing? I smell something, I just am not sure what it is yet. But it appears ML is involved some how with LU. Later, The Trader who is long NN right now, Dennis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next