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


To: thebeach who wrote (55593)10/8/1998 8:12:00 PM
From: Tim Luke  Respond to of 61433
 
no, i have no position in asnd at all.......i do believe stock has factored in that there will be no deal with LU....the good news is that it's holding up very well.

lu won't pay 70$ and i doubt very much that mory would sell for less, so the deal is scraped.....even though asnd will do just fine without lu i wouldn't doubt that there is someone else knocking on mory's door.

i have watched the movement over the last 3 days and i'm very surprised on how well it did....good sign for you guys.