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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: The Phoenix who wrote (51090)7/31/1998 5:16:00 PM
From: garrick le  Read Replies (2) of 61433
 
Gary,

I fully agree with you.
Moreover,a lot of shorters must have jumped on the bandwagon ...
Their short covering will be fun to watch on Monday.
BTW,I myself am in the network industry (having worked for BAY
network and ConnectWare before) but I still can't figure out
why ASND would buy Stratus besides the reason you mentioned
which are not compelling enough .
Cuurently,ASND has projected growth of 35 % for the next 3 quarters,
vs 5 % for Stratus.It is absurd to think of ASND buying Stratus
the more I think about it.
I may turn out to be wrong next week but until then,I don't believe
such a buyout.No synergies and no compatibility.

GL
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