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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Kumar Nathan who wrote (15777)9/30/1997 9:25:00 PM
From: J. Stone   of 61433
 
>>If LU were to buy ASND it will be at a reasonable price. May be above 65 or so at minimum.<<

Sorry, but no way would LU pay $65 for ASND right now.

Although this debate is a moot point, LU could probably snag ASND for $45 right now, which is close to a 40% premium over the current price.
Little guys like us would hate it, but that's the way business works.

regards,

JS
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