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

To: DHB who wrote (50926)7/31/1998 1:33:00 PM
From: Immi  Respond to of 61433
 
Remember market rumors are rumors. Maybe someone like NT has made
a bid for Ascend?. NT is a big company, except the tables have been
turned. For months there were rumors that CISCO would by telabs, then
suddenly Tellabs turned around and picked up Coherent & Cienna. I
think this is what might happen to ascend. everyone is expecting it
to buy someone, well what actually may happen is that the tables are
turned and ascend will be acquired. Immi



To: DHB who wrote (50926)7/31/1998 1:35:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 61433
 
Some quick thoughts:

Negative contributors: Profit taking, big player hedging...Asnd/Lu Mo players considerations...

Positive contributors: 1. Large short interests, shorts will cover soon b/c the strong F/A and Asnd/Lu mergers..2. This may be a shorts-generated/encouraged corrections...

Keep our eyes open..


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