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 217.17

+0.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stephen who wrote (59336)	1/19/1999 6:12:00 PM
From: Ingenious	Read Replies (1) of 61433

i think asnd bought stratus to bolster there ip and not their pocketbook. lu (and others ) are not looking for cash on cash revenue (if that were the case, they would buy utility companies). instead, asnd represents a nice package of technology delivered in a palatable form. it is even possible that asnd got a better deal on stratus than lu could have since asnd is small and lu big. also, asnd may have an easier time passing the HSR acts and other anti trust matters at a lower cost. in short, i see asnd (and lu) gapping down such that asnd is about 75. after that, the smart money will pick asnd back up and it will eventually rocket away to 100.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next