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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST

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To: ricky who wrote (45278)4/24/1998 8:58:00 AM
From: Greg h2o  Read Replies (1) of 61433
 
<<ASND keeps its talent by giving them a large number of stock options. ASND would loose a lot of their best people (and LU knows this) if a buyout happens. LU cannot match the ASND option plan because of its corporate structure (large staff)>>

I'm not so certain about your above statement. Typically, there are provisions in the options which will discourage a mass exodus in the case of a buy-out. I'm not certain about this in ASND's case. Maybe someone else has first hand knowledge of the options plan.

In either case, as I have stated in the past, IMHO I don't think it makes any sense to buy ASND based JUST on the possibility of a buyout.
regards,
greg
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