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

To: Nazbuster who wrote (32138)	1/26/1998 7:44:00 PM
From: Gabor	Respond to of 61433

Great!!!!

To: Nazbuster who wrote (32138)	1/26/1998 7:54:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

Daniel, sorry for not responding to your earlier post. It was obvious that CPQ was going to acquire someone because they said so in the SEC filing seeking 2B extra shares. That is, they said in the filing that the shares would be used, in part, for acquisitions. The question, then, was who would be acquired. ASND seemed a likely candidate given statements by its networking chief, Lutz, that CPQ wanted to be dominant in RAS, by small-scale insider selling at ASND (could have been for liquidity before a merger-related tie-up) and by other indicators at the time. After December, it became clear to me that CPQ wasn't going to pick up ASND, at least not any time soon. Now, they have to digest DEC, which may just keep them occupied for a time. Anyway, I'm not counting on anything from that department. I'm simply counting on the fundamentals, now, to carry ASND upwards. Gary Korn