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

To: Tim Luke who wrote (21005)11/4/1997 12:22:00 PM
From: uu  Read Replies (1) | Respond to of 61433
 
Tim:

Re: price getting to $40 if and only if someone decides to takeover ASND.

Well in that case it is going to be a long long long long long time from now since I do not believe there will ever be a take over of ASND! Insiders do not sell at or near bottom if they are in a mood to sell the entire company at a premium price (which finding a buyer is a challenge of its own)! Todays $26 can very well be next years all time high for ASND. But I am still hopeful for some of the big boys dumping their shares to believe the take over rumors and start buying pushing the stock at least 20% higher from this point so I can dump my shares, and for once do to them what they do to small investors!

Regards,

Addi Jamshidi



To: Tim Luke who wrote (21005)11/4/1997 1:58:00 PM
From: rkf  Read Replies (1) | Respond to of 61433
 
Tim, I tend to agree with you, what I'm trying to figure out
from an educational/investment perspective is why? Why was
this company trading in the $80's not too long ago, and
now in the $20's. They had a slightly off quarter - but
is the company a thing of the past or just out of favor.
Kent


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