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


To: Philly714 who wrote (50552)7/29/1998 9:31:00 AM
From: Clay Takaya  Read Replies (2) | Respond to of 61433
 
I own ASND (sold some at 46), but can't believe that the current valuation is due to the core biz alone. IMHO, there is a $10 - 15 takeover premium in place with room for expansion if the likely mother candidate's (LU) ability to pay (stock price) expands.

I like ASND's positioning in the WAN market, but without the acquisition angle, I think there are better fish out there.