Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.57

+4.1%

3:59 PM EST

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To: Tim Luke who wrote (51209)	8/2/1998 11:45:00 AM
From: Jan Crawley	of 61433

I'm having more doubt about LU buying asnd more and more each day, 60+ is alot of money when they could have been bought for 40. Hi Tim, nice talking to you again, I believe that LU/Asnd merger will take place after Oct this year. The "why" includes: 1. LU probably "did" made a cash offer(if not an offer, a serious consideration) to buy Asnd around Dec 87, The intent/reason behind the LU effort 7 months ago still exists, but only stronger due the greatly improved Asnd/Cscc synergism. 2. LU's stock price was around $40 during year-end 87..LU closed @93 on Friday, and traded as high as $107. Therefore.....LU is in a much better position to purchase Asnd after Oct 98. 3. Both LU and Asnd are constantly trying for competitive advantages for growth and survival, therefore the LU cash purchases in the past 6 months and the Asnd "unconfirmed" Stratus purchase. However, the focus/trend of both companies are not deviated. Jan

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