Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: djane who wrote (54405)	9/18/1998 1:25:00 AM
From: djane	of 61433

briefing.com on ASND move Computer Networking Not much news, so trading continued to be driven by takeover speculation... Ascend (ASND) surged 2 5/8 on talk that Lucent (LU) is lurking in the wings... Seems too easy... When was last time everyone called a takeover as much as a year in advance... No doubt Lucent will hit acquisition trail next month, just have to question whether they will want to take on a major player like ASND or follow the Cisco lead and gobble up a number of technologically compatible small/private companies... Other takeover targets, 3Com (COMS) and Fore Systems (FORE) ended day slightly lower.

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