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


To: Tim Luke who wrote (27226)12/9/1997 2:37:00 PM
From: Gary Korn  Respond to of 61433
 
Update on the block trades. Finally got a 20K+
(may have gone at the Bid). Others, as usual, at the ASK:

tol 12/09/97 10:50 AM TD52:311 Today's Log Database tl: prev: ASND 10000 ASND - Transaction Log 2:38:15 S 10000 28.7 11:27:52 S 10000 29.2 2:31:10 S 25000 28.6 11:22:09 S 10000 29:3 2:21:42 S 10000 28:F 11:16:40 S 10000 29.2 2:16:59 S 10000 28.6 Z 11:16:31 S 14500 29.2 2:11:01 S 10000 28.6 11:14:44 S 10000 29.1 1:41:57 S 10000 28:F 11:14:06 S 10000 29.1 1:39:20 S 10000 28:F 11:08:46 S 10000 29 1:38:22 S 10000 28.7 11:04:24 S 10000 29:1 1:38:21 S 10000 28:F 10:59:37 S 10000 29.1 1:36:54 S 12500 28.6 10:50:07 S 10000 29.1 1:33:42 S 10000 29 10:49:16 S 10000 29:3 1:21:26 S 14200 29.1 10:47:25 S 10000 29.1 1:05:51 S 10000 29:3 10:41:27 S 10000 29:3 12:56:29 S 10000 29.1 10:40:52 S 10000 29:3 12:43:05 S 10000 29.1 10:36:20 S 10000 29.1 12:25:23 S 10000 29:3 10:23:13 S 15000 29 12:17:21 S 10000 29.2 10:21:41 S 10000 29 error 11:53:50 S 10000 29.2 10:21:02 S 10000 29:1 11:48:57 S 10000 29.3 10:19:36 S 10000 29 11:48:42 S 10000 29.2 10:15:22 S 10000 29 11:31:04 S 10000 29.1 10:13:24 S 10000 29:1 10:13:11 S 10000 29 9:57:43 S 10000 29:1 9:56:07 S 10000 29:3 9:54:41 S 10000 29.2 9:52:59 S 10000 29:3 9:50:52 S 10000 28:F 9:50:41 S 10000 28.6 9:49:21 S 10000 28.7 9:46:32 S 10000 28:E 9:30:49 S 10000 29:5 9:27:41 S A 29.2 9:22:22 S A 29.2 ** end of data **



To: Tim Luke who wrote (27226)12/9/1997 2:38:00 PM
From: Paul Bush  Read Replies (1) | Respond to of 61433
 
Tim,

I have to disagree. Usually when there is a buyout, either
everyone knows it and the announcement follows very soon after
the rumor breaks, or (most likely) it happens when no one is
expecting it.

In this case I think it is just a rumor something CNBC and
Maria spread all the time. I think ASND is a buy simply
based on fundamentals, but I think the market will have a downward
bias over the next few weeks due to earnings worries.