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


To: Maverick who wrote (41838)4/1/1998 2:07:00 PM
From: Narotham Reddy  Respond to of 61433
 
** OT ** AOL

Can't belive they raised AOL to "Strong Buy" at this stage.
Hope better sense prevails over these people.

Narotham



To: Maverick who wrote (41838)4/1/1998 2:55:00 PM
From: Richie3  Read Replies (2) | Respond to of 61433
 
Hi Maverick and everybody,

let me first present myself, I am from Europe, I have been lurking this thread for more than one year. I am long ASND and I have added more shares recently. I use technical analysis to buy/sell.
I have not yet participated to the thread because I have no technical knowledge of networking and I was also very busy. In the future I will try to give my own input.
Here is what I found on Bloomberg (from April 1):
analysts expect Alcatel Alsthom SA to soon spend money to extent its own business. Alcatel raised USD 2 billion selling part of its engineering venture GEC Alsthom this summer.
Salomon Smith Barney Douglas Smith (and he is not the only one...) expects Alcatel to buy some networking companies.
The names mentioned in the article are Xylan, Bay Network and Ascend .

Any reaction/confirmation on this news???

Regards,

Richie3



To: Maverick who wrote (41838)4/1/1998 3:54:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
Maverick,

I sold some shares and sold some calls(covered).

Cannot thank you enough.

Jan