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


To: Duke who wrote (51524)8/4/1998 9:23:00 AM
From: thebeach  Read Replies (1) | Respond to of 61433
 
Over 600,000 shares pre-market and trading over 48.



To: Duke who wrote (51524)8/4/1998 9:54:00 AM
From: Dennis R. Duke  Respond to of 61433
 
I dumped half of my RDRT at a terrible loss, but I did it to come back for another 1/3rd of my original ASND position. Back on that piece at $44.031. The hold forever 1/3rd is happy with today rebound also.

I heard on CNBC this morning that $7.8 billion came into the market on Friday alone last week. Futures were bouncing as high as plus 7.3 this a.m. pre open. Watch RDRT will now fly, but I think ASND has a better shot to recover to pre-SRA levels and better. After reading a bit I think Morey has done another Cascade. What we need now is for Chambers to not run around and tell the street how difficult the merger will be like, his comments were about the east coast west coast Cascade deal.

I am working again, so am basically unavailable to chat. Just thought I'd drop by and write a note.

Later, Dennis