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

To: DHB who wrote (54269)	9/17/1998 9:03:00 AM
From: pae	Read Replies (1) \| Respond to of 61433

To thread: excerpt from thursdays Barrons online weekday trader (repeat of the LU rumor/expectation): ... Steve Levy, telecom analyst at Lehman Brothers, adds that we'll see lots of merger and acquisition activity over the next couple of years, as market leaders scramble to meet all their customers' needs -- even if it means buying someone else to help them do it. That's why telecom equipment supplier Northern Telecom bought networking company Bay Networks. As of October 1, Lucent will be free to pay for big acquisitions with stock, and Levy and others expect it, too, to buy a big networker like Ascend Communications. ... Copyright c 1998 Dow Jones & Company, Inc. All Rights Reserved. Interesting that SmartMoney, another DowJones pub, reportedly says no LU-ASND buyout - according to an earlier report on the thread.

To: DHB who wrote (54269)	9/17/1998 9:11:00 AM
From: CJ	Respond to of 61433

<the release is flash not substance> absolutely! Media pump. Will make me very cautious on a run-up of either.

To: DHB who wrote (54269)	9/17/1998 5:25:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 61433

I think the two companies have completely different expectations IMO. I think ASND is looking to partner with visible well regarded telephony companies positioned outside the US in order to help ASND build more credibility and a top tier player. ASND is quite honest about what they want to accomplish and have probably even shared this with ALA. ALA on the other hand wants to break into the domestic market and needs both datacom and US exposure. ASND gives this to them, however ALA hidden agenda is to take (and I do mean TAKE) ASND for everything they own. The business savvy at ASND will be greatly challenged. The French are notoriously hard to deal with on multiple levels. I think ASND may (and I mean MAY) not fully understand the magnitude of what ALA is looking for from the relationship. ALA is the cat in this one. OG