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

To: Tim Luke who wrote (58630)	1/11/1999 10:55:00 AM
From: KM	Read Replies (1) \| Respond to of 61433

I took some at 1/8 on that knockdown for a flip. What the hell.

To: Tim Luke who wrote (58630)	1/11/1999 11:09:00 AM
From: Bindusagar Reddy	Read Replies (3) \| Respond to of 61433

Tim, 19 some million shares short. All those must be in RED by now. One thing for sure, they have to cover. Lot of buying will come when the price of acquisition clears. I am impressed with LU, as to how well it is holding despite announcing a 1.2 BILL acqu. and rumored 16 billion acquisition. I have a feeling LU might be treated like AOL as the leader and bid the price up rather than down(like NT). One leader(LU) acquiring another leader ASND. If I am CSCO I will be running for cover. IF LU/ASND execute CSCO will be forgotten. BR