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


To: Drake who wrote (54638)9/27/1998 7:45:00 PM
From: James A. Venooker  Respond to of 61433
 
Dear Drake,

Unquestionably institutional investors are pumping money into ASND so they can pick up the premium of the LU takeover. As I am sure you know, the company acquiring another company always tends to go down and vice versa when the transaction takes place.

LU with the acquisition of ASND will become an "Most Widely Held" issue. LU is positioning itself to be the Intel of the 80's and 90's.

There is a $650 billion or more jackpot out there, and LU is willing to use whatever trump card it needs to cash in. Either way we (as ASND stock holders) will benefit greatly from the merger. ASND is already a dominant player in the Networking business with only CSCO standing in the way. LU will be the catalyst that pushes ASND to the next level...look out CSCO, the hounds are beating down your path.

Good luck,

Jamie