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


To: Gary Korn who wrote (40525)3/23/1998 3:14:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 61433
 
Gary,

Looking at your decisions/actions, on a fresh Monday and from a distance, I see silver linings for both your portfolio and Asnd's share price.

How else can you kill two birds with one stone.

Fact 1. -- It was most likely not an un-substantiated rumor of LU/Asnd merger offer during the Dec 5, 97 period. The offer/negotiation was not materialized due to reasons we are all quite familiar with.

Fact 2. -- Asnd's strength has materially improved in the past quarter and we believe that it is trading on it's own F/A merits right now.

Fact 3. -- A very important one. Thread, the percieved/real synergistic value of LU/Asnd is still not questioned; however, the logistic blocks standing in the way of this merger/buyout are diminishing..

LU's share price was around/less than $80 on December 5 97.

LU's is currently traded close to $125....

Therefore, if you are a long with a vision, you want to position your self. If yor are SHORTING this stock; no offense intended, vision/long-range planning is generally not required here.

Well, Gary, there are 29 more days to go....

I am counting,

Jan