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

To: Tim Luke who wrote (55182)	10/4/1998 1:58:00 PM
From: Steve Lee	Read Replies (2) \| Respond to of 61433

Tim, You are wasting your time debating with bucky89, an ASND employee. SL

To: Tim Luke who wrote (55182)	10/4/1998 2:32:00 PM
From: Nazbuster	Respond to of 61433

Tim, regarding ASND's recent drop and the "MM influence" topic we discussed recently, I can see two ways to interpret this sudden move in ASND: 1. This could be the "big boys" pushing huge short sales to force the price down for one last profit, buying in at the end just before the LU announcement; 2. We're hosed: No LU buyout. ASND is on it's own. More waiting for recovery of the price. I'm becoming cynical and vote #1. This has been a heavily manipulated stock since I've owned it. I still very much like the company and products and think they will kick butt over the next year LU or no LU, so I'm holding my shares. P.S. It sure felt weird to own ASND and short it on Friday during the ups/downs... <<OT>> Can you explain the dynamics of stocks which go flatline throughout the day? I saw BAC do this a few days ago. Some HUGE seller wouldn't let the price above a particular point. Why wouldn't the stock tick down in such circumstances? Does the flatline mean there is very strong demand, just not enough to overcome the huge seller? Can you add perspective for me?

To: Tim Luke who wrote (55182)	10/4/1998 11:15:00 PM
From: bucky89	Read Replies (1) \| Respond to of 61433

stay on your toes bucky regarding asnd and lu, you know my feelings and i would hate to see you get burned on this one..... good luck Thanks Tim, I think you are refering to your "sources" about a possible LU/ASND merger. Well, I don't think rumors are going to be very reliable at all on this issue, since there are as many people who have an interest in seeing ASND stock go down as those who are long. Lucent wants ASND at a good price, and you know darn well they aren't going to admit they are going to buy Ascend. I feel good about this one. Even if there is no takeover and Lucent decides to buy someone else (which I feel is VERY unlikely), I am confident that Ascend will hold its own against Cisco into the forseeable future. We shall see. I can't wait to see who will have the privilege of saying 'I told you so!' Chambers' worst nightmare is about to come true. He's already anticipating it, and already badmouthing it. bucky89