Ascend Communications (ASND) Message Board

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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: jach who wrote (52360)	8/20/1998 11:21:00 AM
From: Kent Rattey	Read Replies (1) of 61433

<asnd, imo, at the current price range is within the valuation> This suggests you are very wrong: Rick Malone, principal in Vertical Systems, a company that advises investment bankers on mergers and acquisitions in this market, said Ascend has won a number of major deals with its Cascade GX550 switch and has more in the pipeline. Ascend could cost as much as $14 billion, according to Malone. With the financial wherewithal to buy Ascend at that price, Lucent could write off the investment in Livingston without batting an eye, he said.

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