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


To: Chuzzlewit who wrote (59048)1/13/1999 1:31:00 PM
From: Jack Colton  Read Replies (2) | Respond to of 61433
 
I'll bet you a Georgia peach that LU is 120 within 2 weeks.

jack



To: Chuzzlewit who wrote (59048)1/13/1999 1:48:00 PM
From: Souze  Read Replies (1) | Respond to of 61433
 
Help, Chuzzlewit,

I did the math, and this is what I got:

LU $105.43
ASND $86.98

That is, of course, before factoring risk into the process.

I think I remember that one of your prior posts predicted LU's price to be about $105, which agrees with the above, and an ASND price of $82-84. Is that still the way you see it? I really want to know.

Thanks for the guidance.



To: Chuzzlewit who wrote (59048)1/13/1999 2:03:00 PM
From: vinod Khurana  Read Replies (1) | Respond to of 61433
 
ASND is a bargain at current levels in comparison to LU.

Assuming the deal goes through (99.999% it will), by purchasing ASND at $80 1/2 is like getting LU at a 8% discount from todays level....or about $97 1/2.

Forget about buying LU, buy ASND instead. The risk factor will slowly
diminish as time goes by and the downside in ASND will be much less than LU.

LU will strike $130 - $140 by the time the deal is consumated making ASND shareholders richer by another $30 7/8 per share.

Load up on ASND and you will not regret it.