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

To: Jan Crawley who wrote (54559)	9/22/1998 2:34:00 PM
From: djane	Read Replies (2) \| Respond to of 61433

Hi all, It's nice to know I've been missed by my good virtual friends. But, I've got way too much work for the next couple months. The waste of a fine speculatin' mind -- what's America comin' to <vbg>. I've learned a ton from following every nuance of ASND and the networkers on a minute-by-minute basis. I'm envious of ya'll. I've had to turn off CNBC and become an off-and-on SI lurker again. As an owner of a small litigation support firm, we just landed our biggest case yet and have to commit 100% devotion to get it ready for trial. I'm comfortable with my long-term positions in various companies. I'm going to let my serious research over the last year work for me for a while without constant monitoring. I apologize for my recent unclear posts. I'm long a bunch of ASND shares (my biggest position) at roughly $44 (after the SRA mess). I shorted at $49 and covered at $46 for a short-term trade due to silly options rumors. I've made a ton of money this year on a long-term ASND position and excellent trading in ASND in June-July. For what it's worth, for obvious strategic, competitive reasons to fight CSCO, NT/BAY and various European entities, I strongly believe LU will buy ASND for $75/share or $15B in mid-10/98. Yes, $75 is the top of the expected range, but ASND will not sell for less given its opportunity to grow to a $10B company with or without LU. And, ASND will do very well over the next 2-3 years even if LU decides on a risky strategy (i.e., time to market and embedded customer relationship problems) of in-house R&D and start-up acquisitions. Keep up the good work on one of the best SI threads. I've enjoyed the sleuthing over the last 6-9 months during the rise from $22-55 as ASND's fundamental prospects grew stronger and stronger and LU's interest in ASND became clearer and clearer. Take care, djane