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

To: Ron who wrote (49025)	6/18/1998 11:32:00 PM
From: CJ Mark	Read Replies (1) \| Respond to of 61433

to all, It looked to me as the traders took profit in the end of the day. If they started somewhere around 49.5 with good size, the profit is tempting not to take. Who knows about tomorrow, any way. Remember, tomorrow is option expiration date. In the past, Asnd price had been miraculously closed near one most active strike price. So maybe tomorrow we will see somebody try to fix the close price at 50 and pocket all the premium they have writing the calls (and puts). So do not be discouraged if tomorrow we do not see a big move. Next week she will ascend. Good night and sweet dreams, CJ

To: Ron who wrote (49025)	6/19/1998 11:35:00 AM
From: The Phoenix	Respond to of 61433

I don't think it'll be ERICY: OG Ericsson officials dismiss those rumors, and say they are more intent on pursuing less-expensive start-ups. "Recently, there have been big acquisitions in Silicon Valley that were overpriced," said Sven-Christer Nilsson, Ericsson's chief executive officer, referring to the 35% premium that Nortel agreed to pay for Bay. "We have certain acquisition targets, but the price has to be right," he added. Indeed, Ericsson officials confirm that the company had originally considered buying a part of Bay Networks, but Ericsson said that Bay didn't want to break up its business. The Swedish company abandoned the idea six weeks ago and, although it is talking with smaller companies, a big acquisition remains a possibility. interactive2.wsj.com;