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

To: mrclinton who wrote (52391)	8/20/1998 12:02:00 PM
From: Peppe	Read Replies (1) \| Respond to of 61433

mrclinton, I think we're all missing the point. If ASND gets bought by LU, then they will be a part of a 140k+ company. Stock options to existing employees become a thing of the past (except to senior management). Salaries to sales staff also is reduced. Spoken to any Bay employee since they were taken over by NT ? Maybe CSCO is just setting up shop to hire away some of the top talent in the likely event of a takeover. Those CSCO options start to look a little better, N'est-ce pas ? Cheers, Peppe

To: mrclinton who wrote (52391)	8/20/1998 12:44:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 61433

Mr Clinton, How's Martha's Vineyard? :) Anyway, two things. This issue first isn't number of shares - it's how much are they worth. Second, you appear to imply that Cisco feels that key ASND engineers are worth on 500 shares. I don't think that'll be the case. Even so, I hope ASND'ers stay, the competition is good for both companies and the industry and more importantly for my stock portofolio. :) Gary (OG)

To: mrclinton who wrote (52391)	8/20/1998 1:16:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 61433

mrclinton, Your information about CSCO offering options of only 500 shares to new employees is incorrect. In addition, CSCO offers new grants on a yearly basis to all employees. Unless LU and NT have similar option grant policies, CSCO's package is overwhelmingly a better package. Somebody from BAY or ASND that is accustomed to an option package similar to CSCO's is going to be disheartened if their new parent doesn't give them the "love" that can be found elsewhere in the industry. Tom