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Technology Stocks : Ascend Communications (ASND)
ASND 217.17+0.3%Nov 18 3:59 PM EST

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To: Jim Lou who wrote (29615)1/7/1998 8:59:00 PM
From: scott maragioglio  Read Replies (1) of 61433
 
Jim,
O.K. thanks, let me say it again. it is not going to happen.
1)I don't belive ASND wants to sell ( their not trying to hit breakeven on their stock and sell)
2)No way no how can LU make a cash offer, and why would they want to do a deal that was'nt a pooling of interest unless it was so cheap it would be worth the pain in the ass.
3) Why would ASND sell out cheap($35) when buisness is getting back on track.
4) Not one analyst I talk to belives that LU will buy ASND.
So why even think about it, if it did happen I would be disappointed.
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