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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Sector Investor who wrote (20586)11/3/1997 12:46:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
that is VERY interesting! Even at todays $64 price and AFTER
a 2-1 split, the extra 1.6 BILLION shares would be equivalent to
over $51 BILLION!

That would buy a lot more than ENTRY to networking. At 8 times
sales, that would buy BOTH COMS and ASND with money left over.
And if they didn't split, they could buy CSCO!

They obviously have big plans.


Sector,

I thought you might the CPQ item interesting. It is amazing what EDGAR will reveal. Still, I am clueless as to whether a move by CPQ into networking makes sense. In fact, how can it make any sense, it being so different from their core business? Maybe someone can shed some light on this.

But, as you said, they obviously have big plans to buy something, don't they? I hadn't done that math you did. $51Billion in purchasing power is awesome.

Is it totally off-base to imagine a CPQ-ASND-COMS triad, with CPQ the top dog? All three did have almost simultaneous insider selling, yet CPQ is the only one of the three with the extra share authorization. Wild, huh? I want to say again that it was Mr. Rudolph who had me look into the CPQ insider/sec-filing information.

Gary Korn