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Technology Stocks : BAY Ntwks (under House)

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To: Pravin Kamdar who wrote (6274)6/6/1998 1:19:00 AM
From: Ken Twining   of 6980
 
Pravin:
That IS the way it seemed today, as Ascend firmed it's way in as a piece of the latest takeover puzzle, with BAY already a part. Remember about 4 months ago when Ascend was turning down a takeover offer at around 34: At that time their stock price was in the mid 20's and now their price is in the mid 40's. What would NT have to pay for Ascend now $50 plus? It seems BAY is a more valuable candidate at $40 than Ascend at $50 plus!
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