Dear Tim,
As you know we have had discussions in the past. I still only read Rudolph, Korn, and your postings. The others just seem plain and simple "dumb."
My take on the ASND - LU Deal. Having sources very close to me at home, I have finally managed to get an "off the record" remark from someone who's information regarding ASND has NEVER been off. Unfortunately, I can not reveal my source, ever.
Lucent Technologies will purchase Ascend Communications before October 21, 1998. The estimate for purchase price is currently .65 to .70 per share (depending on market conditions).
Lucent is strongly considering adopting a new name, it is still under discussion, the name is ASCENT TECHNOLOGIES, very catchy.
Look for large dumping of top ASND exec's of their stock, as when merger happens, they will be prevented from doing so (for whatever reason I don't know).
Lucent Technologies will release tentatively Feb. 1, 1999, code name Millenium. Which will offer companies all the services that LU, ASND and its many subsidiaries can offer in one package, at a very, very attractive price, with, in some cases, unlimited technical support. This project is directly targeted at Cisco, as are negotiations under way to bring several key people from Cisco to LU over the next 12-16 months.
...As I said, I can not reveal my source, if what I say goes down, we should all be very happy campers. If it doesn't then both you and I can eat our postings!
Good luck,
Jamie |
