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

To: Judy who wrote (59082)	1/13/1999 6:05:00 PM
From: thebeach	Read Replies (3) \| Respond to of 61433

How is this for a theory? buying ASND now is like printing money. Lucents price target is about 130 and it will surly reach that when they report earnings. IF they announce a split, which is likely, the stock should be trading in the 180 - 200 range at the split . If you buy ASND now at 80 per share your actually buying .825 of a Lucent share which COULD reach 180 and split........you my friend could have what amounts to a 3 : 1 split. Yes it's under valued right now, so buy some, it probably wont close undervalued tomorrow.