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

To: thebeach who wrote (32691)	1/30/1998 10:19:00 PM
From: pat mudge	Respond to of 61433

[acquisition. . .] Also, Pat, what do you think Ascends chances of being acquired? I wasn't in the stock back when the rumors were flying, so I have no clue what's already been said. Since I'm 100% certain LU made an earlier offer, I have to believe the possibility's still there. In my conversation with Ascend's VP of Marketing at the show, he explained how voice and data were converging and how important it was to look at the macro picture when analyzing where any one compmany was headed. He explained that telecommunications in its present form is 80 percent larger than data/networking and only growing around 5% to data's 25% and more. Based on this it's not hard to see why companies like Lucent are looking at networkers like Ascend. Of course there are others: BAY and CS, and smaller ones. It would take someone far more acquainted with their different products to know who'd make the best fit. I'm onboard for the growth of the networked universe. I have CSCO and COMS, and as of today, a little CPQ, too. Later -- Pat

To: thebeach who wrote (32691)	1/30/1998 11:18:00 PM
From: Tim Luke	Respond to of 61433

<I will go out on a limb and predict 40 by option expiry this monthy> That might be strecthing it, my reason is that the stock will stay trading below 35 until it is aquired. Now I could be wrong here and the people that I get info. from could also be wrong (but that is rare). But I will state that I do believe they will be aquired (csco or LU) and I think the # will be 40. But keep in mind if either of these companies buy asnd in a stock swap you will be far better of then owning asnd on its own. "IF" they are not aquired this year I doubt you see anything over 45 for the year.