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Technology Stocks : Ascend Communications (ASND)
ASND 226.49+1.2%Jan 30 3:59 PM EST
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To: djane who wrote (52370)8/20/1998 1:32:00 AM
From: Clare  Read Replies (3) of 61433
 
As an aside: Chambers built a building across the street from IBM in Raleigh. IBM downsizes, engineers walk across the street and become Ciscans. Cisco corners market on SNA to IP networks.

You have a point though... 880 is a parking lot. They'd be late for meetings all the time.

Back to Lucent. I have a sneaking suspicion that they are either trying to talk down Ascend stock, or they have decided to follow Cisco's lead of buying small startups for the technology rather than trying to integrate a large acquisition. Admittedly I believe they need Ascend, but maybe their Bell Labs engineers don't believe so. This is bound to cause conflicts.
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