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Technology Stocks : Ascend Communications (ASND)
ASND 201.40+2.3%Dec 10 3:59 PM EST
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To: Souze who wrote (48785)6/16/1998 9:25:00 PM
From: Thomas M.   of 61433
 
In the last few years, most mergers of any kind have been greeted by the market with indifference or skepticism, rarely with optimism. The BAY-NT deal clearly falls into the latter category. Don't forget, the ASND-CSCC deal was greeted similiarly, and it is now considered a master stroke by Mory. IMHO, a LU-ASND deal would be greeted with more enthusiasm by the Street, because these 2 companies are Street darlings right now. BAY, on the other hand, is an ugly duckling in the Street's eyes.

Tom
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