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


To: Tim Luke who wrote (53953)9/9/1998 9:09:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
This could contribute to Ascend going lower....but it's mainly the market situation!


IBD:

Analysts say Ascend is a prime acquisition target
for Lucent. Your response?

Ejabat:

I cannot speculate on that. But what we have is a
technology that is very strong, that would make
us attractive to any telecom provider. Lucent is
one of them. But I think we have a great
opportunity to build a strong company.

IBD:

Is selling the company on Ascend's road map?

Ejabat:

Our plan is to stay independent. But at the end of
the day, we have shareholders and board
members, and it depends on what comes
through.


IBD:

Has Lucent approached Ascend?

Ejabat:

No, we haven't been approached.



To: Tim Luke who wrote (53953)9/9/1998 9:51:00 PM
From: gbh  Read Replies (1) | Respond to of 61433
 
Tim and All, Ericsson DID NOT buy Newbridge. Ericsson bought a small business unit owned by NN.

redherring.com