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Technology Stocks : Ascend Communications (ASND)
ASND 210.91-0.8%3:59 PM EST

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To: ricky who wrote (45456)4/27/1998 12:14:00 PM
From: gbh  Read Replies (1) of 61433
 
This is a small acquisition for Lucent and will not impact Ascend

Ricky, I agree with this statement. And it seems to be reflected in the market today as well considering ASND holding up nicely.

In order to become a player quickly in the data networking market, I feel LU should have stepped up with a more substantive acquisition like ASND (way back when they bought Livingston). ASND could have been had much cheaper then, but I guess their finance guys couldn't see past a bad quarter or two. They obviously feel that buying non-market leading products will be ok, given their marketing and sales muscle. This remains to be seen.
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