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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Gary Korn who wrote (55749)10/10/1998 3:03:00 PM
From: Pat Hughes  Read Replies (1) of 61433
 
I think Ascend is LU's first choice. If they paid 20 billion for the company it wouldn't be too much given the build-out that is going to take place over the next few years.

Lu's CEO said it himself yesterday. '500 billion by 2001' and LU only has a 10% market share.

Why not get right into the DATA game - at the core - cut the BS, and buy Ascend.

Personally I would like to see Ascend go it alone for a couple of years (and catch some of the pending hypergrowth, and hopefully a few stock splits!)

In any case, nobody is going to lose holding this baby either way.

Good Luck to All
Pat Hughes
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