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

To: thebeach who wrote (34674)	2/13/1998 1:41:00 AM
From: FUZFO	Read Replies (1) \| Respond to of 61433

mr. thebeach, <<No disrespect but do you think the board of directors sits at a meeting to discuss a takeover of this magnitude and talks about the options listed and what price the stock should close at?I totally agree with your theory if the stock is not in play,but this baby is about to go north and option expiry is the last thing on these guys minds.>> Likewise with due respect, it seems a bunch of people are presupposing some kind of a takeover. What takeover of what magnitude? I would love to be wrong on this because I am as long as a horses pr_ck with asnd but if we take a look at todays networkers: cbs.marketwatch.com we see that everyone except DIGI and NN were up. Remember that the market also loved Greenspan's soothing words today, and ASND is fundamentally sound with an upgrade from Soundview. Besides, if Mory showed LU the door when they offered $35 (acc. to maria) and asnd was in low to mid 20's, then IMO any buyer today would have to belly up to the bar with at least $45 just to get their attention. IMO its not a done deal or a sure thing , just purely speculation, although I would be pleasantly surprised! Fuzfo