SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Vladimir Zelener who wrote (26053)12/5/1997 2:40:00 AM
From: Paul Tran  Read Replies (2) | Respond to of 61433
 
Compaq ?
I live in Houston, Texas. Just talk to a friend who worked
at Compaq tonight. He mentioned that about 2 weeks ago,
a team of Compaq people including finance went to
Alameda, California to visit Ascend.

With Compaq recent buy out of Microcom. Can Compaq become
a suitor in this bidding ? Hmm.



To: Vladimir Zelener who wrote (26053)12/5/1997 3:11:00 AM
From: Chi-X  Read Replies (2) | Respond to of 61433
 
This rumor has to be old as around October when it first started. That's where we get the $35 per share LU offer price which is the range of where ASND was trading at the time.

If it were true, why wouldn't LU go for a buyout last month when they had ample opportunity to buy it less than $25? Were they waiting for that old offer price of $35 to leak so they can buy it at a higher price?


Cheers,
Chi-X hath Spoken!

"There shall be no wine, before its time."