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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%3:59 PM EST

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To: bucky89 who wrote (52455)8/23/1998 2:50:00 AM
From: Clare  Read Replies (1) of 61433
 
Bucky89:

What do you think of the following? LU needs ASND and whether the integration turns out good or not, LU will make an offer for ASND. Without ASND, LU doesn't stand a chance. With ASND, they still might screw up. However ASND holders shouldn't care, unless they intend to hold LU stock after the merger. Meanwhile, ASND can't stand alone. So an offer will be made. Now the question is, should ASND holders sell as soon as an offer is made, or hold for the deal? Will LU stock go up or down after an offer is made.
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