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


To: jach who wrote (26711)12/6/1997 5:39:00 PM
From: Mike  Read Replies (2) | Respond to of 61433
 
I would give the asnd+lu rumor 90% close to real based on

1. CNBC is a credible source especially when it come to
figure - CNBC did mention 35-40

2. ASND acquisition is a sure win for LU since they need
to enter the ISP market before CSCO get into
their TELCO switch market. They did buy Livingston
but Livingston is too small for them to penetrate the
market they desired.

3. Looking at the volumn the pass three days with price keep
going up - who are the buyer? Of course, they are
those whose got news instead of rumor

I got in last friday at 28 7/8 and considered myself to be lucky to
get such opportunity. We will get more solid news next week.

Any way, good luck and happy trading.
Mike,