Ascend Communications-News Only!!! (ASND) Message Board

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Technology Stocks : Ascend Communications-News Only!!! (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Gary Korn who wrote (1104)	2/4/1998 6:22:00 PM
From: Maverick	Read Replies (1) of 1629

Buyout rumors are just that...RUMORS...there are regularly such rumors surrounding Ascend, some of them are pathetic attempts to plant/spread certain opinions by people/groups trying to manipulate the stock. No one should make any kind of purchase decision based on rumors. I think it extremely unlikely that any company would be interested in paying more than about $40/share for Ascend at this point, which is also a realistic figure for Ascend to reach on its own in the next 12 months. The most likely/frequent candidates rumored are Lucent, Nortel, and Compaq, due to supposed synergies. Lucent does appear to be establishing a relationship with Ascend, but that is no indication of a buyout; moreover, Lucent is unable to do any pooling until October '98. Ascend can be a good partner with many companies and in the long run it will probably merge with someone, but shareholder value might best be served if it continued to stay independent. Don't worry so much about rumors unless you're a day trader playing very short term momemtum games. Worry about fundamentals and valuation. {Posted for brandybuck who posted on 1/22/98 originally]

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