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

To: djane who wrote (51265)	8/3/1998 2:29:00 AM
From: Bindusagar Reddy	Read Replies (1) \| Respond to of 61433

Djane, is it possible they held back the revenue and did not show more earnings last Q anticipating this deal. May they held about 5 million in earnings that would come to be 30c x 18 million shares that they will issue to compensate. I sure hope they have a good analyst conference after the announcement and get a few upgrades.

To: djane who wrote (51265)	8/3/1998 2:34:00 AM
From: djane	Read Replies (5) \| Respond to of 61433

SJ Mercury strikes again (and it's great news). MCI buying ASND/SRA product [Is this Lashinsky guy well connected or what?] sjmercury.com Posted at 3:42 p.m. PDT Sunday, August 2, 1998 BY ADAM LASHINSKY Mercury News Staff Writer ASCEND'S DESCENT: As the entire investing world knows by now, shares in Ascend Communications Inc. (Nasdaq, ASND) plummeted Friday on word the networking equipment company is close to buying Stratus Computer Inc. (NYSE, SRA). Ascend's shares fell $7.03, or 14 percent, to $44.47, slicing about $1.4 billion from its market value. More than 25 million Ascend shares changed hands, making it the most active stock in the land. In the face of the carnage, executives for Alameda-based Ascend and Marlborough, Mass.-based Stratus remained mum. Shares in Stratus rose 88 cents, or 3 percent, to $28.88. Although this deal still could fall through, sources with connections at different levels of Ascend said Friday the company isn't deterred by the drop and is set to announce the deal as early as today. Investors seem to hate the deal because Stratus recently has stumbled, Ascend has gotten distracted before by a big acquisition and Ascend could be jeopardizing its chances of being bought later in the year by Lucent Technologies Inc. (NYSE, LU). Ascend plans to answer at least some of its investors' concerns by saying it will sell or spin off the parts of Stratus not related to telecommunications. And the company will divulge that it's ready to start shipping products to major customer MCI Communications Corp. (Nasdaq, MCIC) based on technology it has developed with Stratus. As for Ascend's acquisition history, the irony is that although its stock tumbled following its purchase last year of Cascade Communications Corp. for $3.6 billion, it is Cascade's products that are leading Ascend's turnaround. What's more, the focus on Lucent is a bit silly. Lucent is prohibited even from discussing a transaction that would involve pooling of interests, a favorable accounting treatment, until Oct. 1. The way Lucent can gingerly skirt that issue is by employing the everybody-is-talking-to-everybody strategy. Ascend surely is in that group. And if Lucent wants Ascend, it won't let the acquisition of a company still about one-tenth Ascend's size stand in the way. Contact Adam Lashinsky at the San Jose Mercury News, 750 Ridder Park Drive, San Jose, Calif. 95190, or siliconstreet@sjmercury.com or (408) 271-3782.

To: djane who wrote (51265)	8/3/1998 2:39:00 AM
From: Bindusagar Reddy	Read Replies (1) \| Respond to of 61433

Look at BRiefing.com. these guys are clueless or can not think properly or they do n't listen. This what they have to say "Speaking on not being well received, how about the market's bearish reaction to the growing speculation that Ascend (ASND) is about to acquire Stratus (SRA)... Stock tumbled more than 7 points in active trading... Clearly, market anticipated Ascend being the acquired and not the acquiree... Truth be told, we are finding it difficult understanding why ASND would want any part of SRA ourselves... For the highly risk tolerant, could be a good trading opportunity given that the lack of a deal will send ASND skyward in a relief rally." THIS IS THE TYPE OF PEOPLE WHO RECOMMEND STOCKS, HAVE NO CLUE WHAT THEY ARE TALKING ABOUT. THIS ALSO EXPLAINS WHY THE STOCK REACTED THE WAY IT DID ON FRIDAY. At least it makes me feel good, after all there is a seller for every buyer. Good luck all longs. Good night. BR