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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: Souze who wrote (58598)1/11/1999 8:06:00 AM
From: Neil H   of 61433
 
I am hoping they put a floor on the price of the merger so the ratio changes rather than the price we get. I also had Bay and when NT bought it , the $36 price dropped to $22 as NT declined. It is now about at the price of the merger.

LU stock is pricey, so a drop would not be unreasonable. However two things working. I expect the street to cheer this marriage. Also LU splits in Feb. so this should help to support the price.

Regards

Neil
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