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


To: Gary Korn who wrote (26599)12/6/1997 1:09:00 AM
From: Douglas V. Fant  Respond to of 61433
 
Gary,

The sheer volume in ASND shares for two days in a row make me think that arbitrageurs were in the market vacuuming up shares today....

Sincerely,

Doug F.



To: Gary Korn who wrote (26599)12/6/1997 9:40:00 AM
From: Jim Lou  Read Replies (4) | Respond to of 61433
 
Gary, as I recall, Maria said LU offered $35, ASND asked $40, "but my sources say, they will come back" (Maria said, again, as I can recall). I hope some further talk is going on during the weekend. We are likely to hear something Monday morning. Your after hour trading figures suggest that people still believe the buyout. A friend of mine in the industry told me that a rumour like this is most likely true. The only question he had was whether Livingston overlaps. Any analysis on the business of Livingston comparing with Ascend?