Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: djane who wrote (51066)	7/31/1998 4:02:00 PM
From: bucky89	Read Replies (1) \| Respond to of 61433

I think the execs at LU are smiling. bucky89

To: djane who wrote (51066)	7/31/1998 4:04:00 PM
From: Mighty Mizzou	Respond to of 61433

Sure djane, you couldnt resist that one could you. Maybe some day Ill return the favor. Have a happy day.

To: djane who wrote (51066)	7/31/1998 4:06:00 PM
From: luther yow	Read Replies (1) \| Respond to of 61433

Bought at 47 and 44, Still could not call the bottom. Hope 44.5 is the worst it gets.

To: djane who wrote (51066)	7/31/1998 5:03:00 PM
From: The Phoenix	Read Replies (3) \| Respond to of 61433

djane, Monday we'll see a bounce and tuesday CSCO's earnings will get us another bounce. The MM will go back and see today's sell off was overdone and ASND will close Monday at 47-48 and Tuesday at 49-50. Those that got in at 43-45 will be very happy on their quick return.. OG

To: djane who wrote (51066)	7/31/1998 5:44:00 PM
From: jach	Read Replies (1) \| Respond to of 61433

again, follow-the-herds are dumping this as they probably do not see (any clue) the actual synergy and future value if this merger with sra is true. The future of nw needs to have more and more value-added smarts in it, the days of pure raw switching is history (that's done), "intelligence in the network" (IN) for future. SRA has a number of key technologies when combined with current cscc/asnd powerful nw switching will pave the way to a more IN based products-

To: djane who wrote (51066)	7/31/1998 9:35:00 PM
From: djane	Read Replies (1) \| Respond to of 61433

midday thestreet.com. Heavy institutional put buying on ASND [Isn't that a nice bullish sign?] thestreet.com Options Buzz: Cendant Players Stay in the Game By Gregg Wirth Staff Reporter 7/31/98 2:40 PM ET It looks like institutional investors aren't reacting well to published reports today that Ascend (ASND:Nasdaq) will bid for Stratus Computer (SRA:NYSE) sometime next week. While Stratus call action was heavy on Wednesday and Thursday, today the focus of options traders switched to Ascend puts. The networking company's shares were down hard, 5 7/16 to 46 1/16, and put buying was rampant. Volume on the August 45 puts rolled to 1,304 as the price of the contract increased 1 9/16 ($156.25) to 2 1/4 ($225). Traffic was heavier at the in-the-money strikes such as the August 50 and 55 puts, which each traded in the neighborhood of 1,500 contracts. Chicago traders said major New York options desks were responsible for the traffic. The bears are betting that the institutional community sees any bid for Stratus as dilutive and distracting to the company's core business.