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


To: margin_man who wrote (27208)12/9/1997 1:38:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 61433
 
I don't doubt it may drop as the rumor dies, but this entire move was not based on that rumor. Don't you agree?
greg



To: margin_man who wrote (27208)12/9/1997 4:28:00 PM
From: sepku  Read Replies (2) | Respond to of 61433
 
>>>When the rumor is fading, you can count ASND will drop like
a rock. My 2 cents.<<<

The rumor is dead. Has been since yesterday...this isn't the first time the LU rumor has surfaced. This is the 3rd time.

Style Pts.



To: margin_man who wrote (27208)12/9/1997 8:51:00 PM
From: john dodson  Read Replies (1) | Respond to of 61433
 
Patriot wrote:
When the rumor is fading, you can count ASND will drop like a rock.

Patriot,

I don't disagree at all. However, I bet 2 things happen in the event no buyout occurs, and we submerge:
1. the bottom will be higher than $22 (previous bottom)
2. the recovery will be lead to a higher trading range than
the $22-$25 that we had before.

Therefore, if this was all some very well contrived and executed
hoax, it will have achieved its objective in raising ASND out of
the ashes.

-John Dodson