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

To: Tim Luke who wrote (57737)12/3/1998 10:20:00 AM
From: Mighty Mizzou  Read Replies (1) | Respond to of 61433
 
As you are WELL aware of, I am one of the biggest cheerleaders of ASND but your reasoning is too vague to justify quitting SI if it doesnt hit 60. Are we trying to cover a margin position with ASND? <g> GO ASND!!!



To: Tim Luke who wrote (57737)12/3/1998 10:53:00 AM
From: James A. Venooker  Read Replies (1) | Respond to of 61433
 
Tim,

Just had head honcho from LU on CNBC. Question was posed directly, "will you be acquiring an "ASND" type company."

ANSWER: "An acquisition is certainly not out of the question"...we (LU) will do what it has to, to compete in the networking high data traffic industry...
Personally, I feel he very much eluded (in his non verbal communication) that a deal is iminent.

Jamie


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