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 212.29

-2.2%

Nov 19 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Finder who wrote (58821)	1/12/1999 5:07:00 PM
From: gbh	Read Replies (1) of 61433

Probably just profit taking on uncertainty over the price of the deal. IMO, that's all that remains. This is a done deal. It makes so much sense for both companies, its not even funny. My guess: Deal announced tommorrow morning for 85/share in LU stock at todays closing price. ASND opens at 80, due to a small LU fall. Both stocks climb over the next three months until deal closes, as street realizes how RIGHT this deal is. This deal should mirror the TLAB/CIEN deal as far price movement. Except, of course, for the CIEN blowup at the end. Gary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next