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

To: Finder who wrote (58821)	1/12/1999 5:07:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

Probably just profit taking on uncertainty over the price of the deal. IMO, that's all that remains. This is a done deal. It makes so much sense for both companies, its not even funny. My guess: Deal announced tommorrow morning for 85/share in LU stock at todays closing price. ASND opens at 80, due to a small LU fall. Both stocks climb over the next three months until deal closes, as street realizes how RIGHT this deal is. This deal should mirror the TLAB/CIEN deal as far price movement. Except, of course, for the CIEN blowup at the end. Gary