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


To: The Phoenix who wrote (55198)10/5/1998 1:06:00 AM
From: James A. Venooker  Read Replies (2) | Respond to of 61433
 
Dear Gary,

I disagree. I believe it is very likely that LU will announce (probably this week) a major stock buyback, as we all know, LU has tons of cash). LU could announce a major stock buyback, boost shares quickly (with a little help from the market), and then look to make a move to ASND. This entire scenario could happen in a matter of 2-3 weeks.

What do you think?

Jamie