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


To: Chi-X who wrote (26059)12/5/1997 6:29:00 AM
From: JOHN CHEN  Respond to of 61433
 
You obviously missed the NEWS FLASH on CNBC regarding the merger. too bad.



To: Chi-X who wrote (26059)12/5/1997 8:54:00 AM
From: sepku  Respond to of 61433
 
>>>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?<<<

The same "sources" that are telling CNBC that LU offered $35, but ASND turned it down in favor of $40, also added that the offer came a few weeks ago. That is well within last month.

Style Pts.