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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: djane who wrote (52338)	8/19/1998 11:46:00 AM
From: mrclinton	Read Replies (1) of 61433

<<There is another large factor that affects Lucent's acquisition strategy, however: The company can develop data-networking technologies in-house through its vaunted Bell Labs division, allowing it to pass up another company's technology that might be ready to market but not meet Lucent's rigorous standards. As one Lucent executive put it recently, "When you own Bell Labs,it is hard to say you couldn't invent it yourself if you needed it." If they are so freaking great why buy Livingston for 650 mill? They bought them for the PM4 when was it Oct/Nov/Dec 97? And all this wonderful resource in New England can't get it ready for nearly a year. This another remark I'll shovel on my roses and get great results.

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