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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: emil who wrote (27435)12/10/1997 7:22:00 PM
From: Sector Investor  Read Replies (1) of 61433
 
<<Wonder what the LU/ASND theorists think about this: strengthen the possibility or
does it seem less likely?>>

In terms of possibilities - neither. The amount is too small to be
even a good tip on a possible purchase. GE technology will be a high
growth area and does not overlap with anything that ASND would offer.

This does show that LU is making some fast moves (OCTEL, Livingston and
now Prominet in 3 months), so others are likely. I feel that they
took a year after spinoff to get their long term strategy in place and
look over some possible moves (the SHVA, FORE, MADGF rumors earlier)
and now are getting serious. If they want ASND, they may have to move
fast, as ASND is unlikely (IMO) to be "running loose" by next
October.
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