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

To: jach who wrote (52360)	8/20/1998 11:21:00 AM
From: Kent Rattey	Read Replies (1) \| Respond to of 61433

<asnd, imo, at the current price range is within the valuation> This suggests you are very wrong: Rick Malone, principal in Vertical Systems, a company that advises investment bankers on mergers and acquisitions in this market, said Ascend has won a number of major deals with its Cascade GX550 switch and has more in the pipeline. Ascend could cost as much as $14 billion, according to Malone. With the financial wherewithal to buy Ascend at that price, Lucent could write off the investment in Livingston without batting an eye, he said.