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

To: Bindusagar Reddy who wrote (47468)	5/24/1998 1:24:00 AM
From: djane	Read Replies (1) \| Respond to of 61433

Bindusagar, I didn't post the ERICY rumor. Check the profile and other posts by that person. No credibility IMHO

To: Bindusagar Reddy who wrote (47468)	5/24/1998 1:46:00 PM
From: jach	Respond to of 61433

<< Looks like Nortel takes BAY, and ERICY gets ASND, and Alcatel, and Lucent go home with nothing, or will they fight ERICY and Nortel for Bay and Asnd.>> imo, 1B$ for a less than 20m/qtr yurie by LU is short-sighted strategy; seems like what used to say.. like dime-wise.. and pound stingy theory - 1B$ - 70m revenue = 15 times sales - with very little presence in the mkt place now all of the following with large established mkt positiosn for much much more cheaper; for examples--- FORE ~ 600m revenue - pay 7 times sales = 4B$ ASND ~ 1.2B revenue - pay 10 times sales = 12B$ COMS ~ 5B$ revenue - pay 3 times sales = 15B$ BAY ~ 2B$ revenue - pay 6 times sales = 12B$