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

To: Tim Luke who wrote (52725)8/25/1998 11:33:00 AM
From: djane  Read Replies (2) | Respond to of 61433
 
Tim, ASND ain't gonna be bought for $50. Period. LU can certainly dream. Your "source" is yanking your chain. My "source" says LU will offer $75/$15B and ASND may or may not take it.



To: Tim Luke who wrote (52725)8/25/1998 11:34:00 AM
From: Mark Duper  Respond to of 61433
 
If LU get's ASND for 50 bucks, LU will sky rocket because the street will view it as the steal of the year!

Thanks, Tim.

Sup.



To: Tim Luke who wrote (52725)8/25/1998 11:37:00 AM
From: MARK BARGER  Read Replies (1) | Respond to of 61433
 
Tim, nice thread. GSCO has been all over the bid this morning, accumulating tons of ASND. I scalped 3/4 pt. and got out, but I would bet there is some credence to your rumour. The stock has been moving up steadily this a.m. with no real pull backs yet. I'm a little dissapointed in the $50 buy out price though. Thanks for the tip, she looks very strong today.

Mark


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