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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%3:59 PM EST

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To: Matt Meagh who wrote (54070)9/11/1998 11:22:00 PM
From: Jack Whitley   of 61433
 
<<I'm not saying that ASND would not be a good fit for LU or ERICY, or others, just questioning why all of LU's competitors are waiting till LU has more cards in their hand.
I'm sure there are lots of possible reasons, any convincing ones?>>

If your NOK, ERICY, CSCO or whoever, why go to the trouble and expense to throw your weak-ass bid out there in Aug or Sept when Jaws is swimming in the vicinity. I think they are waiting for LU to show their hand (or to see if LU is in fact interested), then make a decision about what to do. This may be especially true in terms of CSCO.

jww
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