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


To: Jan Crawley who wrote (52793)8/26/1998 2:17:00 AM
From: Tim Luke  Read Replies (2) | Respond to of 61433
 
i don't know why anyone wouldn't want .6 shares of lu for every asnd share. lu stock will grow like weeds, longer and stronger then asnd could ever dream about.



To: Jan Crawley who wrote (52793)8/26/1998 3:52:00 AM
From: bucky89  Respond to of 61433
 
If LU/Asnd is a good match, merger via pooling interests with no dilution, LU stock
goes up, Asnd goes up with it??


Jan

If you look at their charts closely, I think you'll see that ASND led the way, with LU following. This isn't to say that there isn't some takeover premium associated with ASND stock price, but I think it has more to do with ASND fundamentals and the market's realization of them. JMHO.

bucky89