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

To: Gary Korn who wrote (34811)2/13/1998 6:28:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 61433
 
I'm convinced the only reason this stock is moving like this over the past few days is regarding a takeover. The these deals are always announced after the bell or over the weekend.
My call will be a low of 45 to a high of 50:



To: Gary Korn who wrote (34811)2/13/1998 6:30:00 PM
From: Jan Crawley  Respond to of 61433
 
From a short documentary about 5 mins. ago on CNBC:

David Alger, from Alger Capital Fund (I think) features ASND as his best pick, with a price target of high 40th in 6-12 months



To: Gary Korn who wrote (34811)2/15/1998 9:56:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
From your lips to Mory's ears! It does seem that something is moving this stock other
than pure ATM strength (strength that has yet to be evidenced in quarterly figures).

Gary,

I believe it is moving on fundamentals. Lots of new contracts and a lot of publicity on the lack of WAN bandwidth.

Glenn


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