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Technology Stocks : Ascend Communications (ASND)
ASND 206.43-1.2%3:36 PM EST

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To: Jack Colton who wrote (58628)1/11/1999 11:34:00 AM
From: Pat Hughes  Read Replies (2) of 61433
 
<.. I hope you're right on this one. But I don't see it retracting if the acquisition does go through... like NT / Bay did. There was a lot of uncertainty in both camps when the Bay deal happened, but since Bay's management team took over the "reigns" of Nortel, and not vice versa, the street finally recognized the value of the merger. I don't think that will be the case with LU. IMO.... >

ALSO - Shortly after the NT/Bay deal was closed, The CEO of NT stated, "We would have liked to buy Ascend, but it wasn't for sale."

Pat hughes
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