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

To: djane who wrote (51929)	8/11/1998 5:10:00 PM
From: The Phoenix	Read Replies (2) \| Respond to of 61433

djane, I'm not sure LU NEEDs to have Silicon Valley presence...and anyway remember ASND is in Alameda - not Silicon Valley at all and more "valleyites" would rather NOT work in Alameda...unless they're coming from the east bay - like Pleasanton or Walnut Creek. Anyone have another view? NT has succeeded up to now without bay area presence - I'm not sure how much BAY will help them. DELL and MSFT have done well without it. Anyway, I think LU's decision will be made on technology and how it addressed planned target markets. I think the fact that ASND is in the bay area is of little importance. Remember many bay area companies are locating facilities outside of the area to get talent...the talent here in San Jose is hard to find. Just one man's opinion.... Gary (OG)

To: djane who wrote (51929)	8/11/1998 5:42:00 PM
From: Sonny	Read Replies (1) \| Respond to of 61433

> LU very much has to have access to Silicon Valley engineers and > expertise via ASND A subtle but very important point you brought forward djane ... The state of demand for CS/CE skills in the tri-state area (NY/NJ/CT) is such that head-hunters are employing pretty wierd tactics to recruit people. Looks like, every one and their grand-ma is migrating to the big-bucks in the booming Wall-street houses ... if one is a software engineer, its a very hot property in big apple, and if you are CE/EE, you are hired for sector analysis. Salary raises of 40-60% are the norm if you jump ship from an NJ firm to the big-apple. Also, Ma-bell is recruiting back (enticing) a lot from LU. And LU is aggressively trying to lay its hand on as many people as it can, but its getting pretty difficult these days with the huge sucking sound generated by the big-apple hires! So, imho, your argument makes perfect sense. Getting a whole block of skilled people in lumpsum and enhancing the distributed-ness of the service operations at the same time, via acquiring ASND, would be just like a gift for LU. regards to all, -/Sonny.