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Technology Stocks : Ascend Communications (ASND)
ASND 219.98-0.3%10:45 AM EST

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To: Pat Hughes who wrote (54535)9/21/1998 6:04:00 PM
From: Duke  Read Replies (1) of 61433
 
ASND is showing a move today, Street now gain more confidence in ASND earning, Oct.1 is on its way, the buyers of SRA software divisions sell off will be decided next few weeks, internet demand is booming, networks sectors still in high growth rate, market prove its self has been bottom out . With all these factors I find there is no reason for ASND not trading back to 55 near term, it can be in high 50's before end of the month.
Can someone explain how merger work, please. Assume LU buy ASND for 14B done deal, that make ASND value around 70, but LU price at that time let say 69, can it happen? I don't want to think of 1 ASND for 1 LU :-).
Just try to figure out the possibility of merger between LU/ASND with LU current market price, that's it. Thanks
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