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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (8208)	12/10/1997 10:45:00 PM
From: bill c.	Read Replies (1) \| Respond to of 21342

SteveG: >> My point was that LU has the wherewithall to announce an acquisition if they wanted to << The Prominet purchase isn't going to use pooling-of-interests and this purchase is an order of magnitude different from an ASND purchase. LU can purchase companies today with their stock, but they can't use the pooling-of-interests accounting method until April-98. >> Recent speculation is that ASND may more likely be acquired by Nortel. << Again, when a company drops from ~$80 to the mid-$20's acquisition rumors start. I'm under the impression Lucent wasn't going to purchase ASND for a number of reasons. Yurie, Agile, Livingston, Prominet, LU's-ATM-product-line, Pooling-of-interest, plus ~6 billion dollars. How can we go from LU making an offer of $35 last week, to Nortel making an offer this week? Best of luck... until later.