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

To: Sector Investor who wrote (28221)	12/18/1997 12:36:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

On the acquisition front again (I've been silent on this too long): 1. ASND hired David Masunis, whose key credential is M&A, as well as a CFO (Ashby) with experience in M&A. I'm wondering if the company intends to use this experience in lieu of an investment banker in its seach for a strategic partner and in negotiating the general terms (if such a search and such negotiations exist). 2. I believe it might have been Maverick (I may be mistaken) who earlier posted that, having twice repriced options (the latest was effective close of trading 11/28), ASND cannot do a pooling of interest transaction (to acquire another company...as distinguished from being acquired) for 6 months. If that is the case, it would seem Masunis would have little else to do other than either (1) work on a current strategic partner project (where ASND is the target) or (2) plan for some future acquisition by ASND way down the road. I'm guessing that Ejabat fully intends to keep Masunis busy and that he has Masunis actively working on the former, not passively considering the latter. Gary Korn

To: Sector Investor who wrote (28221)	12/18/1997 1:20:00 AM
From: sepku	Read Replies (1) \| Respond to of 61433

Sector, I thought I'd post the Furman-Selz data with the Prudential data and compare them to get a better feel for Asian exposure. -------------------------------------------------------------------------------- Interesting data compiled by Furman-Selz about Company specific Asia-Pacific exposure. "We estimate the percentage of revenue on a current run rate basis to be as shown for each of the companies in our coverage universe, per geographic region according to Japan, Asia Pacific/ex-Japan, (e.g., APAC/ex-Japan), and Total APAC. Japan APAC/ex-Japan Total APAC 3Com 5 % 5 % 10 % Ascend 13 % 5 % 18 % Bay Networks 15 % 5 % 20 % Cisco Systems 9 % 3 % 12 % FORE Systems 10 % 5 % 15 % Intel 9 % 19 % 28 % LSI Logic 20 % 6 % 26 % PMC-Sierra 5 % 5 % 10 % Silicon Graphics 11 % 6 % 17 % Sun Microsystems 12 % 7 % 19 % Xircom 10 % 10 % 20 %" -------------------------------------------------------------------------------- Prudential networking/telecom report, Nov.17 (a little messy, but I can't figure out how to straighten it out) ---- CHART ---- Co. Est. Asian Sales% Major Asian Countries Key Products MOT 30% China (11%), Japan (7%) cell, paging, semis NOK.A 25% China, Thailand cell handsets/infras CSCO 15% Japan (10%) routers & switches COMS <15% China, SE Asia NICS, switches, hubs LU 10% Taiwan, Korea switches, cellular BAY <10% Japan (<5%) switches, hubs NT 5% China (<5%) switches, fiber muxes FORE <5% Japan (2%) ATM switches