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


To: The Phoenix who wrote (55176)10/4/1998 2:53:00 PM
From: Jack Whitley  Read Replies (1) | Respond to of 61433
 
<<ASND will be going it alone for the forseeable future. Speculative money is leaving which is why ASND is taking it on the chin. We should settle in the high 30's/low 40's and earnings should take us back to 45+ <crossing my fingers>.>>

Wow. A reply each from both "Garys". I consider that a coup :~). It does look like a takeover is not going to happen now, but boy, that number that Lucent projects, that $650 billion in 2001, that is a big number.

The market is down, but so are the price of ASND shares, can these companies that are interested really afford to wait for their own share prices to tick back up ?

jww