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

To: Brad Rogers who wrote (49831)	7/14/1998 2:51:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 61433

What the? I just saw $49, but my GTC Buy at $49.5 didn't execute? What gives?

To: Brad Rogers who wrote (49831)	7/14/1998 2:52:00 PM
From: hitesh puri	Read Replies (1) \| Respond to of 61433

Thread, I think the main concern is that if Ascend is buying companies they are planning to go at it alone. That sounds bogus because in the annual share holder meeting Mory said that they would continue buying companies as they deem fit. That does not say anything about their future merger plans. When a stock has run up its natural to take profits on any hint of uncertainty. Who knows, this might be a company that Lucent anyway wants and asked Ascend to get it for them :-) Key thing is volume is still 7 Million. They want the 50 calls to die. -hitesh