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

To: Tim Luke who wrote (51193)	8/2/1998 1:14:00 AM
From: Duke	Read Replies (1) \| Respond to of 61433

Hi Tim. Damn I thought I was going to send you a "Hawaiian Cigar" sometime in September instead of Xmas, now I guess I have to wait till the end of the year :-). BTW where have you been? Still Surfing? Duke

To: Tim Luke who wrote (51193)	8/2/1998 11:03:00 AM
From: Clay Takaya	Read Replies (1) \| Respond to of 61433

<<My question is: Why is asnd spending money for this company "IF" LU is suppose to be buying them? Maybe the LU rumor will just end up a rumor.>> Tim: My conclusion is that the purchase of SRA is either a good idea or a bad one. If it is a good idea, then any LU deal (that may or may not be in the works) would NOT be affected. If it is a bad idea, then the LU deal is not going to happen. More worrisome to me is insider selling at this point. Even though virtually everyone on this board is poo-pooing the selling as as a typical pattern, I have to ask: If I felt my company was going to be bought out at 60+, wouldn't I hold onto my shares a little longer to make another 20+%? Maybe Morty needs a lot of cash to buy a small country somewhere, but it doesn't compute in my mind. Clay

To: Tim Luke who wrote (51193)	8/2/1998 12:51:00 PM
From: The Phoenix	Read Replies (2) \| Respond to of 61433

My question is: Why is asnd spending money for this company "IF" LU is suppose to be buying them? Maybe the LU rumor will just end up a rumor. Hey Tim, ya know as often as we're on this thread it's amazing we've never chatted before. Glad to see you'r back... and Bucky89 too! As for your question I don't think it would be in ASND or ASND's investors best interest simply to sit back and wait for an expected move by LU. Rather ASND must operate as a going concern. If not, and if LU doesn't come knock'n then ASND inaction could put them behind the data/voice convergence space. As you and I both know every month counts in this industry. Also, everyone (I mean the anal-ysts) seem to view this as a major deal! It's not. It's simply an insurance move. With $300M in cash the SRA takeover is a $500M - likely to be accretive - purchase by ASND. The sell-off was waaaaaaaaaaaaaaaaaaay waaaaaaay over done. I'm looking forward to Monday. OG