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


To: Harold S. who wrote (21969)11/7/1997 6:58:00 PM
From: Captain James T. Kirk  Read Replies (2) | Respond to of 61433
 
There is no doubt that the stage is being set for a powerful combination. What can we expect, lets say for a merger of Asnd and Bay, and the effect on the stock price ?



To: Harold S. who wrote (21969)11/7/1997 7:16:00 PM
From: Terror  Read Replies (3) | Respond to of 61433
 
Nobody on the thread will want to hear this but............Look at the old Gandolf thread.....GANDF. It hurts me to even type the symbol.
If anyone remembers ........Gandolf was in the same business as Asnd.......
I bought Gandf at 16 and held the dam stock until it became unlisted. Got my Paine Webber account today to see my 6+K investment is now worth about 40 dollars (if that much).

So I hate to paint a bleak picture, but perhaps 24 dollars a share is better than the 14cents a share I ended up with.

I just have to add......I consider that investment as a portion of my college education on learning the pain of playing the stock market.
Now I am investing in boring stocks like P&G, MOB. I've spent my tuition in Gandf...always eyeballed Asnd but never jumped in. Perhaps this is the time,,,,,,,then again perhaps this is the only time to bale out.

Good luck to all,
Isn't Halloween over!!!!!!!
Marcie
PS Please look up the old Gandf thread and see the similarities. People seem to loose their manners when loosing money.



To: Harold S. who wrote (21969)11/8/1997 12:37:00 AM
From: Gary Korn  Respond to of 61433
 
Gary, can you give us some analysis of the potential of this [LU/BAY] scenario??

Mr. Spock,

The best person to give an analysis of this is Maverick. He knows the products extremely well and can venture the best guess as to whether ASND/BAY make a good fit.

ASND/LU is problematic in the near term given LU's 2-year prohibition on pooling of interests, which lapses in October. However, others have mentioned the possibility of some kind of contractual relationship preceeding a marriage in October.

I'll do some thinking about this and get back to you later, but do try to get Maverick to respond to you inquiry.

Take care,

Gary Korn