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


To: Inga who wrote (37213)3/3/1998 10:11:00 AM
From: blankmind  Read Replies (4) | Respond to of 61433
 
you do bring up an excellent point. how many people were quoting 40 without any reasoning? or people just quoting the price without any reason? it would be a real shock to see 28 again.

what happened to thebeach and tim luke?



To: Inga who wrote (37213)3/3/1998 10:15:00 AM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
So what the heck is going on here besides fear? I went to Maui for the weekend and come back to this, is everyone running to the exit gate because asnd is down a couple points?
Does anyone have a good reason for the drop?

I'm holding, it looks to me that asnd is being brought down to the low 30's for a reason. My theory and opinion is that this may be the time a takeover is being put in place. The stock was on its way to 40 but if there were a deal on the table around 40 that might be the reason for the lowering of the price.

But what the hell do I know!



To: Inga who wrote (37213)3/3/1998 10:23:00 AM
From: S. M. SAIFEE  Respond to of 61433
 
Bought at 33 13/16. I see support at 34 area.



To: Inga who wrote (37213)3/3/1998 10:26:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
Hi Lanny:

But we were not judging his opinion(Asnd heads toward 28,) we were QUESTIONING his NEWS source.

Anyways, I think that we will be close to 35 by option day.

Jan