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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST
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To: Narotham Reddy who wrote (41049)3/25/1998 5:04:00 PM
From: polarisnh  Read Replies (1) of 61433
 
<Both CSCO and LU want ASND's technology in ATM. But I think, ASND fit better into CSCO product portfolio. People said the fair price for ASND would be in the range of 60 to 65. That means CSCO may make a stock swap for ASND on a share per share basis.">

I don't believe it. While CSCO might like to keep ASND out of LU's hands it would mean in all practicality that they are throwing away their Stratacom investments wouldn't it? But this will be the only way that would become #1 in this part of the industry in 1998.

I have watched them gobble up switch companies like Kalpana, Crescendo (Spelling?) and others that had overlapping product lines before so who knows for sure?

Cheers,

Steve
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