SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 199.63-1.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: djane who wrote (50113)7/16/1998 7:20:00 AM
From: Terry Audette  Read Replies (1) of 61433
 
djane,
I agree that asnd and lu would make a good combination and I suppose
they both know that. My concern is that for asnd to be waiting for
lu is to put the company in a dangerous position. For that to work
both ceo's would have had to come to some meeting of the minds and I can't believe that either would take the legal risk in that. On the other hand, as you alluded to, if asnd is to take a "go it alone" position it runs the risk of making itself less attractive to this potential suitor. In my experience ceo's tend to be pretty leary of
what questions they might get asked when they might end up in court.
My fear is that we might find ourselves out on a limb after October, with lu going off in another direction and as you pointed out, the competion getting much stiffer in coming years. I have reluctantly
come to the conclusion that asnd must ignore the possibility of a buyout and proceed as if they will be a stand alone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext