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

To: Mighty Mizzou who wrote (57325)	11/19/1998 10:52:00 AM
From: ALAN	Read Replies (3) \| Respond to of 61433

Question to ASND Followers I have been long ASND for over a year and strongly believe in the fundamentals of the company. I believe that the stock is fairly valued now at about 32 times next years expected earnings. I feel that there are 3 possible results at this time, the first 2 of which are positive: (1) LU buys ASND at somewhere around 70, (2) ASND gets several large new contracts or otherwise indicates that its earnings will be greater next year than $1.70, or (3) My biggest fear, ASND goes after another large acquisition itself. I am worried that if ASND would to pursue an acquisition, the stock would take a significant hit. What does anyone think of the liklihood of this last alternative?