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Technology Stocks : Ascend Communications (ASND)
ASND 207.68-0.7%10:26 AM EST

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To: thebeach who wrote (36885)3/1/1998 6:57:00 PM
From: Sector Investor  Read Replies (1) of 61433
 
<<Why would ASND management covet a takeover if things were going very well without any help needed?>>

Thats not too difficult to answer. CSCC and ASND had talked for quite a while before they agreed to merge. Both saw the synergies of merging and there were also few overlaps. If you think about a company that now sells compatible equipment on both sides of the line, both of which have "best of breed" products, it makes a lot of sense.

It took the slowdown in Q1 1998 to finally push them together.

The combined company is better than either one would have been separately - which is why companies merge.

Oops. It like like I misread your post and responded to a different question. Oh, well.
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