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

To: sepku who wrote (27500)	12/10/1997 11:58:00 PM
From: DennisToo	Respond to of 61433

Style, I need that humor from ya regarding my post to you. From our two beam up boys. exchange2000.com Take care, tomorrow could again be ughly overseas markets are in the toilet.<imo> Regards, D2

To: sepku who wrote (27500)	12/11/1997 1:12:00 AM
From: jeff wheatley	Read Replies (1) \| Respond to of 61433

Style - I think your assessment is right on here. I wouldn't invest on rumor alone and I'm sure that someone who is managing hundreds of millions or billions of dollars is at least as responsible as I. 48m shares in two days is big money and they don't buy in one day with the intention of selling the next. They perceive a bottom and an improving situation. For my part I really like the chart and my indicators like it too. Dropping on a few million shares a day, IMO, is not significant at present. I think that some bought on the rumor, but many more went in on perceived improvement in fundamentals. I also think buyers, including myself, will come out as the price drops. If it does manage to hit 22 again in a rough market, which I doubt, it'll probably bounce about 15%. The caveat is this: will orders from Asian nations be cancelled? That would be very bad. Good luck. Message 2932904

To: sepku who wrote (27500)	12/11/1997 1:35:00 AM
From: pass pass	Read Replies (2) \| Respond to of 61433

Did you or anyone get a chance to talk with ASND IR regarding what number (FY98) is Michael Ashby comfortable with? I get at least 3 different versions: $1.45, $1.15, $1.21. If it's $1.15, adios.

To: sepku who wrote (27500)	12/11/1997 3:42:00 AM
From: HammerHead	Read Replies (1) \| Respond to of 61433

excerpt from www.thestreet.com Top Stories: Lucent Purchases Prominet and Gains Ground in Battle Against Networkers By Kevin Petrie Staff Reporter 12/10/97 9:12 PM ET The deal may diminish the chance that Lucent will buy beleaguered data networker Ascend (ASND:Nasdaq), a possibility that has run through Wall Street's rumor mill for some time. As TheStreet.com has reported, some investors find an acquisition of Ascend rather unpalatable, given the potential product overlap and Lucent's restriction from pooling-of-interest transactions. The restriction, stemming from Lucent's 1996 spinoff from AT&T (T:NYSE), forces Lucent to use purchase accounting for now, which in a big acquisition would cause it to book millions of dollars in goodwill. The goodwill then would have to be written off over time against earnings. The product overlap would involve Lucent's first data acquisition -- the $650 million stock purchase in October of Livingston, which produces "remote access" products quite similar to Ascend's.