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

To: James A. Venooker who wrote (49028)	6/19/1998 7:31:00 AM
From: Glenn D. Rudolph	Respond to of 61433

It has been quite a while...I am very interested in your personal take on the "takeover situation" and where you see ASND topping out? As I have told you before, I am in the stock for the long run and value your opinion higher than anyone on this thread. What's your take? Jamie, I must admit that is a huge compliment. Thank you. I am only conjecturing but I doubt ERICY will acquire ASND. I believe the management of ASND wants more that ERICY is willing to pay. However, the long ago LU buyout rumors are the key. LU has developed as much data internally and as quickly as they can to keep up with the transfer to data from voice. However, ASND is a perfect fit for LU to fill the voids and ASND is top in their fields. I believe LU will wait until a pooling of interests is permitted in October and buy ASND. My guess is they will have to offer an equivalent of $70 or ASND management will not sell. All this this is guess work you know. Glenn