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


To: Thomas M. who wrote (48781)6/16/1998 6:06:00 PM
From: Andreas Helke  Respond to of 61433
 
Forrester's Lopez said the flaws with the deal extend beyond financial concerns. "It made the wrong choice."
In her view, it would have been better off buying Ascend Communications Inc. Other analysts argued Alameda, Calif.-based Ascend would have cost US$5 billion to US$6 billion more and has not been in the business long enough.


This gives a market cap of $15 billion or a share price of $75. One share of LU for one share of ASND seems to be a pretty good bet.

Andreas