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

To: Mark Duper who wrote (58613)	1/11/1999 9:37:00 AM
From: Christopher Reed	Read Replies (2) \| Respond to of 61433

Asnd opened at 75, Now 75 3/8. Watch closely! Cheers. Chris

To: Mark Duper who wrote (58613)	1/11/1999 9:37:00 AM
From: Mark Duper	Read Replies (1) \| Respond to of 61433

Why is LU halted? Anyone?

To: Mark Duper who wrote (58613)	1/11/1999 9:38:00 AM
From: Devil's Advocate	Read Replies (1) \| Respond to of 61433

I disagree on the stock running on earnings and here's why: Buyout speculation has been in the air for months now and the stock attracted momentum players. They have no interest in the stock earnings but they are interested on how much they can make on the buyout price. So, the market is trying to ajust the stock price to a buyout price minus risk of nothing happening. The adjustment will be even stronger today, because the rumor is out on the open (media). If there is a takeover, earnings are becoming irrelevant. Only buyout price counts. Think about it.