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

To: Glenn D. Rudolph who wrote (26771)	12/6/1997 11:48:00 PM
From: getgo234	Read Replies (1) \| Respond to of 61433

Glenn If LU acquires ASND do you think it will happen prior to Oct 98 ?

To: Glenn D. Rudolph who wrote (26771)	12/7/1997 12:34:00 AM
From: Tech97	Read Replies (4) \| Respond to of 61433

Glenn, I'm currently a Certified Public Accountant and a short-term and long-term investor in ASND and other tech stocks. Like you, I've been frustated at the analysts and the street's short sighted view of ASND. IMO, long-term, ASND is a no brainer; investors in companies like ASND that provide the equipment for the buildout of the internet will be handsomely rewarded. I believe ASND has not announced a stock buy back program yet because they are prohibited from doing so until six months after the consummation of the Cascade merger. The SEC recently came out with Staff Accounting Bulletin No. 96 (March 97) that prohibits large acquisition of treasury shares following a pooling transaction until six months later. I wouldn't be surprised of an annoucement by ASND in Q1 98 if the price stays at this level as it would reduce the dilutive effect of the Cascade merger.