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

To: gbh who wrote (46639)	5/11/1998 9:50:00 PM
From: vin kirplani	Respond to of 61433

Did anyone pay close attention to Lou Dobbs on Friday night, he mentioned that ASND is into Automated Teller Machines. Why is it that so many in the "Wall Street" community just do not know what ASND really does? Don't you think there aren't enough people out there who really know what ATM means? BTW, someone should write to CNN and have Lou corrected.

To: gbh who wrote (46639)	5/12/1998 1:06:00 AM
From: JRH	Read Replies (2) \| Respond to of 61433

But, the networking industry could get pretty wacky in the next 6 months. I would have to agree with you on that position for two reasons: 1.) Mega-mergers are happening all over the place in various industries, which leads me to my second reason... 2.) Lucent is on the hot trail looking for someone big to acquire. If they don't pick ASND, then ASND will be battling two titans: Cisco and Lucent. Therefore, they will most likely attempt to grab their niche (which I feel is ATM & Frame Relay) and hold on with a vengence. FORE would definetely help them fulfill this, IMO JRH