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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: flickerful who wrote (53735)9/6/1998 12:37:00 PM
From: Glenn D. Rudolph  Read Replies (4) of 61433
 
what's the latest conventional wisdom re: LU?

flickerful,

First off, long time not type. Good to see you. I am not sure if you are asking about the future prospoect of LU or the rumored acquisition. I assume the acquisition.

I strongly believe that LU will acquire ASND after October. The rumor has been around for years but LU's hands were tied due to no pooling of interests until Oct 98. I also believe a deal has really been struck but cannot be announced nor take place until October. I further feel that ASND acquired SRA with the blesssing of LU since LU could not acquire them until Oct 98. The fit is so very perfect for LU to acquire ASND in my mind particularly in light of CSCO trying to compete with LU. CSCO is a fomidable competitor.

Lots of speculation here from me.

Glenn
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