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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%Nov 28 12:59 PM EST
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To: Narotham Reddy who wrote (41049)3/25/1998 5:29:00 PM
From: gbh  Read Replies (1) of 61433
 
Narotham, I hope you just pulled this from the message board and didn't compose it. This is the most ludicrous speculation I could imagine. Remember CSCO paid over $4B for Stratacom a few years back. At the time, Stratacom and Cascade (later swallowed by ASND) went head to head. CSCO picked Stratacom. They also purchased another ATM only company prior to Stratacom called Lightstream for a few hundred million. Its more likely LU would merge with CSCO (and this ain't likely), than CSCO buy yet another ATM company like ASND, IMHO.

I mentioned INTC as a possible ASND buyer, also count Alcatel, Ericcson, and any other large telecom equipment provider with a massive market cap, but not LU anymore, again IMHO.

"Hi guys, check out CSCO announcement on 3/24. The CEO said CSCO intended to grow in the
networking market by acquisition. And heard from the street is, they are targeting ASND before the
October time frame in which LU can actually made its move.

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."
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