Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: Mighty Mizzou who wrote (57698)	12/1/1998 6:50:00 PM
From: Pat Hughes	Read Replies (1) of 61433

Yo Pete....You gotta chill out. What are you expecting in terms of Stratus news? It can't be earth-shattering because they have already said what they will probably do. The management team over at Stratus is trying to get the financing to do a leveraged buy-out. Not too common with tech stocks and Ascend has said that they will be a "Small" shareholder, possibly 20% in this new venture. My fear is that they end up keeping too big a piece and "The Street" views it unfavorably! In any case we are heading for the 60's this week. Pat Hughes

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