Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.61

+1.5%

3:10 PM EST

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To: blankmind who wrote (24825)	11/27/1997 9:46:00 AM
From: 4-UR-Eyes-Only	Read Replies (5) of 61433

IMO, CPQ will consider buying DEC first before ASND. It has been heavy speculation that CPQ is after DEC with a $70++ offer. The higher CPQ stock price goes up, the higher possibility the DEC offer will happen. If the offer to DEC is $73, it is about a $10 billion deal. DEC will have about $2.8 billion CASH on the book alone. ASND at its current price will NOT be a takeover target from management point of view unless there is a hostile bid at $50++ offer. But if ASND goes up to $40+ by 2Q '98, then it can become a merger target with potential bid around $50-$56.

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