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

To: The Phoenix who wrote (54650)	9/27/1998 6:47:00 PM
From: James A. Venooker	Read Replies (2) \| Respond to of 61433

Dear Gary, Call it intuition, or a "gut feeling," or a close friend connected to the deal, that is about as much as I can give you without risking and compromising something that was said to me in strict confidence. The thread may think I am full of it, however, I rarely post, and when I do, I am usually right. Example, said Fed would cut rates 50 basis points, and IT WILL HAPPEN. Said CPQ would rebound quickly from 28 to 33 (it took a week longer than I said), and it did. I don't mean to blow my own horn. As we all know anything can happen. However, I believe the LU-ASND deal is a DONE DEAL, unless there were some amazing circumstances to prevent it, i.e., a company were to outbid LU, or the market collapsed again 500 or more points. Neither of which I see happening. Look for a very big week for LU and ASND. I see LU at or around 82 to 88, maybe 90. ASND at or around .7 shares of LU, that is 58 to 63. We will wait and see, Good luck, Jamie