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


To: JMAlex who wrote (48043)6/4/1998 4:07:00 PM
From: Souze  Read Replies (1) | Respond to of 61433
 
ASND closed at 45!



To: JMAlex who wrote (48043)6/4/1998 4:28:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 61433
 
Hi Alex,

We are all asking/guessing the same dumb question. :))

Just my thoughts only: 1. LU will not make any large acquisitions (such as Asnd) without the preferential treatments of Polling interest method. 2. LU and others may not be able/willing to pay a very high premium for Asnd; based on the $45 current value. 3. LU is not able to make an official bid before Oct 1 based on the polling interest method (i.e. stock vs. cash buyout).

Please correct me if I am wrong on number 3.


Jan