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


To: Sector Investor who wrote (26146)12/5/1997 9:26:00 AM
From: WBendus  Respond to of 61433
 
As far as I heard, she did not say WHEN. I doubt it will be TODAY.



To: Sector Investor who wrote (26146)12/5/1997 9:46:00 AM
From: sepku  Read Replies (4) | Respond to of 61433
 
>>>Flash! Maria says her sources say LU WILL come back TODAY with $40 bid! Did I hear wrong????<<<

You're correct, I heard that too.

You know, AT&T just recently announced it intends to lauch an intensive overhaul/buildup of its ATM backbone for the first half of 1998. They have not, however, mentioned which vendor they will be purchasing their equipment from. So it sounds as if they are still leaving the door open for evaluation and/or sweeter discounts. Now if LU is truly most interested in the CSCC factor in ASND, considering its historic ties and relationshop to AT&T, they would very likely be the vendor of choice for this 1998 ATM backbone build-up with CSCC under their wings.

Style Pts.