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


To: dav who wrote (48968)6/18/1998 1:24:00 PM
From: gbh  Respond to of 61433
 
Probably all stock. Hopefully with a downside collar. I think today's run is pure takeover spec, and will quickly be lost is nothing pans out in a day or two. Also, I wouldn't expect much of a takeover premium from the current levels. Maybe up to 60. We must remember, without takeover speculation, this is more of a 45 dollar stock right now, IMO.

Gary