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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: Pat Hughes who wrote (53774)9/6/1998 6:56:00 PM
From: Jack Whitley  Read Replies (1) of 61433
 
<<Q. If Lu does bid for Ascend. What does everyone see happening?>>

I agree with djane's sentiments that this little market dip could affect our takeover premium. However, I think that LU can't lowball it too much or they will invite other players to make a bid. I have dealt with Lucent quite a bit and I would have no problem holding the LU shares if the market environment didn't look too messy.

jww
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