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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%Dec 11 3:59 PM EST

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To: Andrew White who wrote (17433)10/11/1997 1:12:00 AM
From: Gary Korn   of 61433
 
Andrew, are you Ejabat in disguise? <VBG> You wrote:

Obviously anything is possible in the stock market

Look at Ejabat's response to the following inquiry:

Q: Any acquisition by ASND? Or a target????

A: "I cannot comment on that. Anything in this market is doable. I cannot comment on that."


Regarding the issue not commented upon by Ejabat, you wrote:

I will close this message by saying again, I think ASND is being considered by MANY companies as a takeover target RIGHT NOW! Mory may not know about it yet, but plans are being made! Only time will tell.

Maverick recently posted a list of such possible acquirers and I think it is worth repeating:

The most likely acquirers of ASND, in descending order, are:
LU, NT, a big Japanese conglomerate, a big European conglomerate, and TLAB. IMHO, LU is highly likely to acquire ASND next year.


Have a nice weekend everyone.

Gary Korn
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