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


To: Mighty Mizzou who wrote (54283)9/17/1998 12:12:00 PM
From: Duke  Read Replies (1) | Respond to of 61433
 
<ASND and LU chart look like they are moving in tandem. Do you think the street knows something we dont? Has the takeover price already been set? Spooky...>
I don't think so. They just sit and wait see what happen after Oct.1 and ASND earning. the more LU price falling the more they disbelieve LU/ASND merge. LU right now in negative mood I don't think they dare to talk. I believe good earning and SRA spin off will push ASND back to 50's. Take over in short term, I doubt it. Just only my opinion. Duke