PLPT: Pulsepoint Communications (previously DGSD) Message Board

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Technology Stocks : PLPT: Pulsepoint Communications (previously DGSD)

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To: Vendit™ who wrote (502)	1/11/1999 10:19:00 AM
From: Vendit™	Read Replies (1) of 614

Telecommunications equipment maker LUCENT TECHNOLOGIES INC (115-1/4, delayed open) is in talks to buy computer networking firm ASCEND COMMUNICATIONS INC (75, up 3-9/16 @ 9:32 a.m. ET), for more than $16 bln, industry sources said late Sunday, a deal that could challenge networking leader CISCO SYSTEMS (107-5/8, up 15/16). Both Lucent, the world's biggest maker of telecommunications equipment, and Ascend, the fourth-biggest maker of computer networking gear, declined to comment. The companies were expected to meet on Tuesday to discuss details of a deal and an announcement could be made as early as Wednesday, although the timing could change, industry sources and analysts said. One industry analyst said Lucent could pay more than $80 a share in stock for Ascend. For the full text story, see infobeat.com

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