Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jose A. Almodovar who wrote (41084)	3/26/1998 3:14:00 AM
From: FrankInNYC	Read Replies (1) \| Respond to of 61433

About ASND being bought by CSCO or LU - forget it. I think CSCO realizes consolidation is the way to go in networking, but they are talking about snapping up the little guys who are just happy that CSCO is willing to talk to them. They have learned their lessons from ASND (with CSCC) and COMS (with USR) NOT to bite off more than you can chew. LU has also taken this strategy by acquiring little-known companies without the bloated stock prices. Both have hefty cash in the bank and a hefty stock price to match making a stock swap offer likely. I originally thought LU would buy ASND because it would give them instant credibility and presence in a broad range of network products. But, after selling my shares yesterday, and thinking objectively about it, they are (have been) going through companies by piecemeal, acquiring very SPECIFIC technologies. I will not tell you who I have in mind, since my orders are still open, but it isn't ASND. CSCO will not buy ASND because of product overlap. ASND definitely has turned around after digesting CSCC, and its niche in ISPs is something CSCO wants to compete with, NOT buy. Growth in networking is cyclical, and competition is getting fiercer with LU and NT. Have been hearing a lot of deals made by NT recently. ALOT. They might acquire ASND before CSCO and LU, giving them instant presence in the U.S. Just a few of my thoughts on subject. Good luck ASND longs. I'll be watching closely hoping to pick it back up before earnings. Just the little shakiness today in market told me to start closing out a few big cap positions.