Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.68

-0.7%

10:26 AM EST

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To: djane who wrote (51496)	8/3/1998 9:15:00 PM
From: Matt Webster	Read Replies (1) of 61433

I still think that ASND will not be taken over by Lucent. If it is taken over, which would be a difficult move due to its large size, it will be by a European company. The short list includes: Alcatel, Siemens and Nokia. I would have put Ericcson on the list six months ago, but they've blown it and can't pay in inflated stock. Not that ASND isn't a bad buy, but at $45 with an acquisition, it's going to be dicey for a bit. Matt

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