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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Tim Luke who wrote (52406)8/20/1998 1:03:00 PM
From: djane  Read Replies (1) of 61433
 
Tim, minimum ASND buyout price is $75/$15B on roughly 200M shares. Market opportunity for the combined companies is hundreds of billions of dollars in next 5-10 years. ASND is a bargain at $75. Bookmark this post and let's refer back to it by mid-10/98 -- a friendly competition.

ASND's ace in the hole will be blowout earnings (deferred revenues, new contract build-out, etc.) to be reported in mid-10/98 and very strong earnings in mid-1/99. If LU waits, ASND will just get more and more expensive. LU needs ASND to compete with CSCO -- plain and simple.
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