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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: thebeach who wrote (58830)1/12/1999 6:04:00 PM
From: Bindusagar Reddy  Read Replies (1) of 61433
 
ASND, will do fine themselves. I think they are already whipping CSCO now. They are going to surprise everybody next few quarters. If they join LU, they can probably whip CSCO until it becomes CRISCO.

They should be trading in 80s without merger after they report earnings next week. They stopped shipping a week before. That means they have deferred a week's worth of revenues to the next quarter. DSO's will improve.

LU needs ASND more than ASND needs LU at this point. But I don't mind owning LU, as long as it is a fair deal. LU + ASND will become a powerhouse with great technology and great marketing.
Next few quarters will see exponential growth in revenues. All the analysts will upgrade next week irrespective of the merger.

I hope the board will not accept anything less than 0.90 shares. If they can show the street that they can make 2.00+ in 1999, which is
possible, there should not be any dilution to LU.

Combination of LU and ASND must terrify CSCO. Chambers is sleepless in San Jose.

Good luck, everybody.
BR
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