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


To: Tim Luke who wrote (28286)12/18/1997 4:49:00 PM
From: Captain James T. Kirk  Read Replies (3) | Respond to of 61433
 
I have waited till ASND dropped BELOW 25 just prior to expiration, like I said it would. I told you so ? Yup, I sure did. Can we get it straight this time ? Lucent is NOT going to buy ASND !! I told you all many times, FOCUS on WCOM and IBM, they are the focal points. As soon as the street catches on, and maybe even Maria, its 50+ here we come. Why ? Because the bidding will start, and the price tag won't be cheap. '98 will bring consolidation, and I belive WCOM will win, hands down, unless ASND decides to team up with Coms to cover all the angles. These are the bargain days of '97, the tanker is coming into port, and the dock workers are on standby. My shorts are covered, and again I am soooooo long. It is a Win, Win from here.