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


To: Gary Korn who wrote (52631)8/24/1998 10:48:00 AM
From: Clare  Read Replies (3) | Respond to of 61433
 
Perhaps, in keeping with Tim's theory, Mory bought SRA to keep the stock price under 50. This was done as a favor to LU?



To: Gary Korn who wrote (52631)8/24/1998 11:05:00 AM
From: Thomas M.  Respond to of 61433
 
Also, keep in mind that LU has corrected well off its high (~20%). Since ASND's stock price includes significant hopes of a LU stock-buyout offer, one would expect ASND to trade down with LU.

Tom