Ascend Communications (ASND) Message Board

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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: Maverick who wrote (18085)	10/17/1997 10:19:00 PM
From: john dodson	of 61433

LU coulda bought ASND already in spite of the pooling of interest restriction. From what I understand they only save tax on the deal anyway. And if your theory that LU woulda already bought ASND if not for the restriction seems faulty. By this theory they woulda bought 'em when it was $50 - $55. After all, that was down $20-$25 from the high. Well, the $20-$25 drop in stock price has to more than make up for any tax benefit, right? So, I don't see how the pooling of interest nonsense has prevented any take over of ASND. In fact, I'll be so bold as to say that NO WAY WILL LU buyout ASND, based on 2 things: 1. Purchase of Livingston this past week. How could that fit in with an ASND buyout? LU isn't about to throw away $650 million. 2. ASND's been down to $30, and no buyout. Why wait for $50 or $60 to reconsider the buyout? Very illogical. Course being down 6 1/2 points still on ASND, I hope they do get bought out at $45+, but after NOVL, FORE, and SHVA false hopes, I'm not holding my breath. -John Dodson

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