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Technology Stocks : Ascend Communications (ASND)
ASND 218.21+0.8%3:32 PM EST

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To: mike thomas who wrote (59084)1/13/1999 7:02:00 PM
From: bucky89  Read Replies (1) of 61433
 
Kind of wonder how clever those guys at lu are. They could have had this company
a lot cheaper not too long ago. Won't be selling any csco just yet. regards


Yes, McGinn did indeed screw up. Paying $2B+ for Livingston and Yurie. $2B in LU stockholder capital...all wasted. And all they needed in the first place was ASND. But ASND probably would have been abou the same price if they had bought earlier in terms of number of LU shares.

bucky89
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