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


To: Jan Crawley who wrote (53173)8/30/1998 1:52:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
hi jan,

forget about this other rumor going around and i do believe asnd will dip a bit more (-5 points or so) and then it should start making it's way back up to high 40's.

and then you and i will have lu shares!



To: Jan Crawley who wrote (53173)8/30/1998 3:41:00 PM
From: gbh  Respond to of 61433
 
Hi Jan, I agree with you completely. I'm just trying to give the thread an alternative perspective. It seems just about everyone here is totally convinced that LU will buy ASND. I am not. There seem to be too many issues with product overlap and past history to simply accept this merger as a given.

However, that said, I continue to buy long shares (bought more near the close on Friday) because I think a deal is still possible at some point (LU or other), and I think the next two quarters (at least) will be good, at least meeting expectations.

Good luck.

gary