Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Korn who wrote (26403)	12/5/1997 3:11:00 PM
From: jim A	Respond to of 61433

28 3/4,and on the downtick.

To: Gary Korn who wrote (26403)	12/5/1997 3:12:00 PM
From: Jeff Jordan	Respond to of 61433

Gary, I couldn't be happier! This is why I took off work today. I successfully rolled my Jan25 to Mar25...and made a profit! out Jan25@ 6.5 in Mar25@6.375 Yes, I'm set..... Jeff

To: Gary Korn who wrote (26403)	12/5/1997 3:13:00 PM
From: Scott	Respond to of 61433

Gary, this is a rerelease of a press release two days ago

To: Gary Korn who wrote (26403)	12/5/1997 3:14:00 PM
From: jeff wheatley	Respond to of 61433

Gary, they stated that is was their policy not to comment

To: Gary Korn who wrote (26403)	12/5/1997 5:39:00 PM
From: LoLoLoLita	Read Replies (1) \| Respond to of 61433

>This is interesting. ASND found the time to issue a statement, >today, saying that the shareholder action against it was baseless Gary, That story came over the wires at 8:00 AM Thursday 12/04/97, about 23 hours after the lawsuit was announced. biz.yahoo.com Cheers, David (out of COMS and ASND as of today, long CS)

To: Gary Korn who wrote (26403)	12/6/1997 12:57:00 AM
From: john dodson	Respond to of 61433

Gary, Gary Korn wrote: It has not yet found the time to issue a formal response/denial to the takeover rumors. This whole buyout thing with ASND kinda reminds me of the Novell situation a few months back when it was all but a done deal that IBM was gonna buy them. Management purposely did not issue any statement of denial about the takeovers for a few days until NOVL popped above 10 and stayed there for a little while (from 7 & change). Course when they finally said the company was not for sale, the stock dropped to 8+, and leveled off at 9. My point is that if a stock is overly-depressed, a well-managed serious buyout rumor can be just the thing to get the stock back on track. Heck, if the share price can retain 1/2 of what the rumor buys, then it's worth it. -John Dodson rum