Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.70

-1.2%

1:42 PM EST

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To: Terry Audette who wrote (47445)	5/23/1998 5:56:00 PM
From: pat mudge	Read Replies (1) of 61433

ASND's market cap is getting large enough that I am beginning to think a buyout might be out of the question and if this is the case ASND would need to buy to reach critical mass. Any thoughts as to what they might be interested in picking up? Terry -- I see your reasoning, but I was also at the meeting and in conversation with one of the VPs, we discussed mergers and acquisitions and the probabilities of the large companies being bought out. His response indicated there was a chance we'd see lots of activity and considering the size of recent bank mergers, anything was possible. Ascend is far from the largest in the sector and is far from exempt. From what I'm hearing, the networkers know the telecom giants are in a buying mood and they also know it'll be hard to stand alone if the mergers proceed as rumored. If everyone has a date to the Prom, you don't want to be the odd man out. As someone recently said, it's not about products as much as about capital and industry clout. As for who will dance with whom, it's anyone's guess. Later -- Pat

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