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Technology Stocks : Ascend Communications (ASND)

ASND 199.01

-1.6%

3:10 PM EST

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To: pass pass who wrote (22531)	11/11/1997 12:02:00 AM
From: Gary Korn	Read Replies (1) of 61433

PassPass, The following is from a Maverick post on the news only thread (he pasted this from another news source): Livingston's annual sales are approaching $100 million, according to data in the SEC filing. Revenues for all of 1996 were $46 million; in 1992 revenues were just over $1 million. So, this means that LU did pay about 7 or 8 x sales for Livingston. Similar to what has been conjectured for an ASND buyout (i.e. approx. 48/share) Gary Korn

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