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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: Paul Bush who wrote (26993)12/8/1997 12:59:00 PM
From: blankmind  Read Replies (1) of 61433
 
Lucent in talks with CS ?? I am hear to verify your information, and the word on the street. My source has revealed that Nortel is in talks for buyout at a price of $24 a share, first offered. He states that the Lucent rumor is a smoke screen, created by an insider to raise the value of CS, so that CS can ask for $30+. IR has declined comment, but states that anything is possible at this level. Accumulation by the same firm that Nortel utilizes is confirmed, according to a source.

exchange2000.com

the story from stockrumors.com

Friday December 5 1997 ÿ

Hot rumor Cabletron Systems(CS)15 1/2 to be bought by Northern Telecom(NT)


capt kirk, he is everywhere.
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