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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (19485)	10/28/1997 6:14:00 PM
From: James A. Venooker	Read Replies (1) \| Respond to of 61433

Tim, What's your best guess on the bid on a takeover? Jamie

To: Tim Luke who wrote (19485)	10/28/1997 6:18:00 PM
From: James A. Shankland	Read Replies (1) \| Respond to of 61433

James with asnd trading at this price I think its very possible that someone will come in and buy the company. I think it more probable then not. Me too; which is part of why I'm hanging in there. And if it happens by the end of the year, you may lose your bet with Style Pts yet :-). I also think they're oversold at current levels, based on fundamentals. (I thought that at 34 also, though.) Even if that's correct, though, it may take until next year (next quarter's earnings release) for the price to ratchet back up, barring a takeover.