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


To: Jurgen who wrote (51245)8/2/1998 10:47:00 PM
From: Jack Colton  Respond to of 61433
 
I think we will see some delayed selling reactions on Monday morning. But enough lurkers are going to be so pumped up on what great synergies there are in this acquisition, the buyers may actually outweigh the sellers. There are some tremendous bargains in the options right now. Double your money in a week easily.

Good luck to all, and don't point out all of the trading secrets here on the thread.

jack



To: Jurgen who wrote (51245)8/2/1998 11:21:00 PM
From: Taby  Respond to of 61433
 
Facts:
1. ASND price is mostly on its own merit and very little due to LU buyout.
2. LU buyout is well and alive whether ASND buys another company or not, LU can always buy ASND and sell the pieces it doesn't need.
3. Friday's selling was purely based on panic and lack of information rather than based on analysis of factual data.
I believe ASND will bounce back and reach to at least 60 the end of October.