Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.43

-3.1%

1:06 PM EST

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To: djane who wrote (51929)	8/11/1998 5:42:00 PM
From: Sonny	Read Replies (1) of 61433

> LU very much has to have access to Silicon Valley engineers and > expertise via ASND A subtle but very important point you brought forward djane ... The state of demand for CS/CE skills in the tri-state area (NY/NJ/CT) is such that head-hunters are employing pretty wierd tactics to recruit people. Looks like, every one and their grand-ma is migrating to the big-bucks in the booming Wall-street houses ... if one is a software engineer, its a very hot property in big apple, and if you are CE/EE, you are hired for sector analysis. Salary raises of 40-60% are the norm if you jump ship from an NJ firm to the big-apple. Also, Ma-bell is recruiting back (enticing) a lot from LU. And LU is aggressively trying to lay its hand on as many people as it can, but its getting pretty difficult these days with the huge sucking sound generated by the big-apple hires! So, imho, your argument makes perfect sense. Getting a whole block of skilled people in lumpsum and enhancing the distributed-ness of the service operations at the same time, via acquiring ASND, would be just like a gift for LU. regards to all, -/Sonny.

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