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

To: Immi who wrote (48183)	6/6/1998 12:36:00 PM
From: boydude	Respond to of 61433

It's interesting that Nortel is selling for around 63.00 a share. If they paid a thirty percent premium for ASND that would put the asking price right around 60.00. Maybe we'd get one share of Nortel for every share of ASND we own. If Nortel did buy ASND--what's the consensus--do we hang on or sell and buy another networker? Cisco or LU better? Boydude

To: Immi who wrote (48183)	6/6/1998 2:03:00 PM
From: gbh	Respond to of 61433

Immi, very insightful article. I especially like the quote from the LU exec. I may have to re-think my views regarding LU possibly taking ASND. Both Ascend and Bay have strong points, says William O'Shea, Lucent's group president, data networking systems. ''Ascend is very strong in the carrier space, with . . . switching,'' he said. ''For service providers, Ascend would be a very positive addition to our portfolio. For large enterprise network customers, Bay is a strong fit.'' In any case, O'Shea says Lucent could well be active soon. ''We're looking to improve our hand as we go forward, and clearly that'll be easier after Oct. 1 than today,'' he said.