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


To: eDollar.com who wrote (25860)12/4/1997 8:21:00 PM
From: JEFF CHAPMAN  Respond to of 61433
 
So do traders pick up SHVA tomorrow, see competitor list from ASND 10K:

In the WAN and Inernet access market, the Company's primary competitors are
Cisco Systems ("Cisco"), U.S. Robotics and Shiva Corporation. Cisco has
substantially greater financial, marketing and technical resources than the
Company. In the WAN and Internet backbone switching market, the Company's
primary competitor is Cisco. In the remote LAN access and Internet subscriber
access market, competiton is widespread, although few companies have positioned
their products specifically as digital bandwidth on demand network access
systems. The Company's primary competitors in this market are Gandalf, Cisco,
Shiva and 3Com. In the videoconferencing and multimedia access market,
competitors include Teleos Communications (a subsidiary of Madge Networks,
Inc.), Adtran and Promptus Communications (a subsidiary of GTI).



To: eDollar.com who wrote (25860)12/4/1997 8:43:00 PM
From: SteveC  Respond to of 61433
 
Off topic -- It always interesting to see that the lawyers get bad mouthed by investors when the persons who defraud the investors are the corporate insiders, big accounting firms and major underwriters who earn millions promoting securities in companies that are barely making or haven't even made a profit. It is these lawyers through the vehicle of a class action that provide any type of insurance system at all to us investors who get fleeced by high flying companies that go bust. Sure the lawyers take a percentage of final award, sometimes up to 25 percent. But why would anyone take on these cases if you didn't make a good recovery in some actions to cover your losses in the cases where the defendants prevailed in or resulted in a minimal recovery?

Specifically, where did you learn that the informix case settled? The lawsuit was only filed 6 months ago or so and still on going. These suits can take years -- not because the plaintiffs lawyers are crooked but because the defendant companies, accountants and underwriters fight them as hard as they can even when the fraud is obvious -- $200 million restatements as in the case of informix don't occur without substantial fraud by the insiders.

I don't know have any knowledge of a suit against Gupta Corp. but look at securities.stanford.edu This site has updates on many securities actions. If there has been a settlement with Gupta Corp. and you didn't receive notice, it shouldn't be hard for you to find out who represents the plaintiffs (search the stanford site or call the company if it's still in business), contact plaintiffs' counsel, and request a copy of the claim form for you to obtain a recovery. You'll never get back the full value of your loss -- and not because of the lawyer fees -- but for the obvious reason that the defendants never settle for the full loss.



To: eDollar.com who wrote (25860)12/5/1997 5:25:00 AM
From: emil  Respond to of 61433
 
To All:from thestreet.com...
Thursday Evening Update: Ascend Said to Reject Bid from Lucent

By John J. Edwards III
Staff Reporter

It wouldn't be Wall Street without takeover speculation. Thursday evening
provided some more, as resurfaced rumors about a networking player lead our
post-close compilation (earnings estimates from First Call):

* Ascend (ASND:Nasdaq) rejected a $35-per-share takeover bid from Lucent
(LU:NYSE) and expects a sweetened bid of $40, CNBC reported. Ascend was up
3 3/16, or 13.5%, to 26 7/8 during the trading session, as rumors swirled
that Lucent or Northern Telecom (NT:NYSE) planned to pounce on the
networker. But Ascend shares barely budged in after-hours trading,
according to Reuters. TheStreet.com examined Ascend's ripeness for the
takeover picking in an Oct. 21 story.