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Technology Stocks : Ascend Communications (ASND)
ASND 200.86-0.1%11:56 AM EST

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To: The Phoenix who wrote (61336)6/24/1999 2:10:00 PM
From: djane  Read Replies (1) of 61433
 
OG, the specific Cisco propaganda (now violated with their own large East Coast acquisition) which has always strained credibility especially coming from a global networking company for christsake:

Listwin -- "All of the indicators I look at, having done 34 acquisitions myself, are what we would expect of a large, bi-coastal, bad-cultural- fit acquisition"

Maybe this was true in the past (i.e., BAY). But, Cisco continues to repeat this nonsense in mid-1999 despite the technological and management advances over the last 4-5 years. I personally think the strict Silicon Valley-only acquisition policy has hurt Cisco, and they have correctly now changed their tune.

Now, congrats are in order to all ASND/LU holders. I've traded ASND quite profitably on swings between 90-105 and am quite sad to see such a nice trading vehicle be submerged into the LU behemoth. djane

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