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

To: Bosco who wrote (25738)	12/4/1997 6:55:00 PM
From: Marcel	Read Replies (2) \| Respond to of 61433

According to Maria B's sources: LU is really after CSCC ASND expects LU to come back w/another offer At anyrate, the shorts will be scared :)

To: Bosco who wrote (25738)	12/4/1997 10:29:00 PM
From: Clare	Read Replies (2) \| Respond to of 61433

<<I got conflicting scenarios here. OOH, LU did layout its acquisition strategy 2 mos ago; OTOH, it still can't do pool-of-interest just yet, so it will ve to raise some cash (I m sure there is a lot of bond dealers eager to oblige.)>> Could it be because LU can't wait until it CAN do a pooling of interests. If Nortel is indeed interested in Ascend, then LU has to move now. Otherwise Ascend will be gone. The fact that they are holding out for a higher price suggests that LU isn't the only suitor! Maybe LU can only afford $35 (cash). But that's not to say someone else can't do a pooling of interests at a higher price. Good luck to all! Clare