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Technology Stocks : Ascend Communications (ASND)
ASND 209.40-1.5%3:04 PM EST
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To: mrclinton who wrote (52391)8/20/1998 12:02:00 PM
From: Peppe  Read Replies (1) of 61433
 
mrclinton,

I think we're all missing the point. If ASND gets bought by LU, then they will be a part of a 140k+ company. Stock options to existing employees become a thing of the past (except to senior management). Salaries to sales staff also is reduced. Spoken to any Bay employee since they were taken over by NT ?

Maybe CSCO is just setting up shop to hire away some of the top talent in the likely event of a takeover.

Those CSCO options start to look a little better, N'est-ce pas ?

Cheers,

Peppe
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