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


To: Greg h2o who wrote (37232)3/3/1998 10:33:00 AM
From: Land Shark  Respond to of 61433
 
March correction or not, this stock has been divergent
from the NASQ short term fluctuations. Many are bullish
on this one and I see 40 come option day. NO WAY will
it get into the 20ties, there's no reason - buyout rumours
or not.



To: Greg h2o who wrote (37232)3/3/1998 10:36:00 AM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
I agree that its not a good reason to buy a stock only on rumors of a takeover. I still believe it will happen for asnd and I will admit it is one of the reasons I bought back in. But its not the only reason, asnd's dark days are over and takeover or not the stock is going up. This is a $60 stock this year!



To: Greg h2o who wrote (37232)3/3/1998 10:38:00 AM
From: blankmind  Read Replies (3) | Respond to of 61433
 
i agree with you about why asnd is down, techs and the sector are down and asnd is just caught up in euphoria. as far as the buyout rumor, unless you can present a credible scenerio, what is the point?