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


To: djane who wrote (51917)8/11/1998 4:44:00 PM
From: stilts  Read Replies (1) | Respond to of 61433
 
Re whether LU will acquire ASND, I agree with the consensus that LU is very interested in doing so.

However, I disagree with the consensus that LU will attempt to do so immediately after Oct 1 (unless by chance ASNDs shares are in the tank with the rest of the market then). Since LU has waited this long, it's likely that they will wait a while longer after October in the hope that ASNDs shares will move down if a deal is not announced soon after Oct 1.

stilts