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

To: Mighty Mizzou who wrote (55430)	10/7/1998 11:38:00 AM
From: Narotham Reddy	Read Replies (1) \| Respond to of 61433

OT - Explain this spread imbalance on COF Incredible MMs. The Ask is 80 and Bid is 68 on this stock. Any comments ?

To: Mighty Mizzou who wrote (55430)	10/7/1998 11:44:00 AM
From: Tim Luke	Read Replies (3) \| Respond to of 61433

IMO, i think you guys should forget about LU.....this is my take on the asnd subject: i doubt very much that lu will buy asnd and that will send the stock down a bit more.....mory wants to much money for the company and i think he is no hurry to sell the company because he knows in the short to long term his stock will be worth much more......i also believe they will be bought out at some point but not by lu......mory is doing fine so what's the rush to sell the company??? lu sure isn't going to pay 70$ for the stock and i'm sure mory won't be selling for 50 or less.