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

To: sepku who wrote (27413)	12/10/1997 5:36:00 PM
From: Larry J.	Read Replies (2) \| Respond to of 61433

Style, Agreed, LU might be dead, but then there's always NT, IBM, BAY and lest we forget CPQ.................Gary. Buyout rumors will continue to be a permanent part of the landscape as it relates to ASND. Larry

To: sepku who wrote (27413)	12/10/1997 5:40:00 PM
From: Bald Eagle	Read Replies (2) \| Respond to of 61433

<<Plus, if the LU announcement to aquire Prominet didn't put the last nail in the rumor coffin, I don't know what will.>> Prominet cost $200 million. Even at today's close, ASND is worth more than $5 billion. If there ever was a buyout plan, then this wouldn't necessarily kill it. However, I believe there ever was one.

To: sepku who wrote (27413)	12/10/1997 6:18:00 PM
From: jeff wheatley	Read Replies (1) \| Respond to of 61433

It'll take another couple of weeks for the rumour to really fade and even then it won't be forgotten. There's no reason to assume that a buyout should appear within 2 or 3 days of the appearance of the rumour. For all we know discussions could be on-going for some time. Or not, it's all open for endless speculation and rationalization- the trouble with rumours and why the creatures that float them are such loathsome pond scum. I tend to believe that the stock will easily see 35-40 in the next several months if estimates can be met for a couple of quarters. Heck, it could almost do it on a technical retracement alone. I do think Asia poses good reason for concern though and wonder how well it had been factored in the company's statements last week. However, ASND has been a very successful company -it's not going quietly into that good night. Of course neither are it's competitors, if they can help it.