Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

3:59 PM EST

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To: Tim Luke who wrote (52597)	8/23/1998 3:22:00 AM
From: Clare	Read Replies (2) of 61433

Tim: I thought it was illegal for LU and ASND to even enter into talks before 30 days before the pooling restriction is lifted. That's why everyone is looking at Sept 1 - That's the day that they can start talking. I believe LU is not as bold as AT&T when it comes to large takeovers, and maybe they are too stingy. But $50 is way too low. Doesn't matter what LU has in the labs, it's what ASND has delivering to customers today that counts. On the other hand, do you think AT&T may be influencing LU on whom to purchase (maybe coaching them for the big day). Also, if LU wanted ASND real bad, then Mory wouldn't be doing his job to let LU steal it for $50. As for Mory selling shares, these big guys always sell. They know they'll be getting more the next quarter. It's the little guys who hold onto their few options and shares, hoping and dreaming and then finding themselves underwater.

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