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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: Glenn D. Rudolph who wrote (53773)9/8/1998 2:56:00 AM
From: James A. Venooker  Read Replies (2) of 61433
 
Dear Glenn,

I agree with your posting 100%. In fact, I believe the deal is already done, just not yet announced. I have learned that LU was targeting SRA and this may have actually have been their acquisition, as ASND didn't express any direct interest in SRA prior to mid summer. In addition, LU has a very close view of SRA operations. LU has a large office branch in Waltham, MA, about 20 minutes from SRA headquarters. LU knew a hell of a lot more about SRA than ASND did.
I believe the SRA was a LU acquisition.

I am hoping the deal is done and accounted for before March 1999. This would position LU-ASND in a very strong position heading into the Millenium.

Regards,

Jamie
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