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Technology Stocks : Lucent Technologies (LU)
LU 2.555+2.2%3:59 PM EST

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To: Immi who wrote (1080)12/5/1997 12:39:00 AM
From: bill c.  Read Replies (1) of 21876
 
Immi: I have to disagree with all the speculation that Lucent will purchase ASND. I don't think it will happen, since Lucent purchased Livingston for $650 million. Why purchase Livingston in the first place? Livingston's products compete against ASND. The rumor mill has started because ASND is trading in the low $20. The company for Lucent is Bay Networks. They have been selling their products within the BCS division and are working together at the engineering level... until later.
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