Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

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To: The Phoenix who wrote (50312)	7/23/1998 7:06:00 PM
From: devans	Read Replies (1) of 61433

Agree, LU couldn't (wouldn't) do anything before OCT. But couldn't they announce and sign a letter of intent any time they wanted to? This topic came up before, and I don't remember anyone saying they couldn't announce a deal immediately, just so long as the deal closed in Oct. Interesting that the BAY+NT deal closes in Sept, effectively shutting the door on LU to pick up BAY. BAY+LU would have made a lot of sense too. Actually I heard the other day that House considered waiting for LU, but he took the thought one step further and became worried that LU+BAY might force NT+CSCO to join up. He concluded that he didn't want to be on that team! (He also considered NT+BAY might force a CSCO+LU combo but figured it would never happen)

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