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


To: James A. Venooker who wrote (54741)9/27/1998 7:30:00 PM
From: Robohogs  Read Replies (1) | Respond to of 61433
 
ASND would never ever accept .7 shares of LU. Will take much more based on my analysis of what LU can afford. Plus stock deals require higher premia. Will take $60 based on then current LU price at a minimum.



To: James A. Venooker who wrote (54741)9/27/1998 10:06:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 61433
 
James,

I appreicate your comments. We'll have to wait and see. As for your "predictions" about a 50 basis point cut or CPQ rebounding...those are easy predictions to make...Hell, I bought CPQ at 29 and change. They're way undervalued. That's not rocket science. Fed rate cut - everyone expects that to happen.

As for LU ASND...I continue to think that this remains a strong possibility but in my estimation it is not a done deal. So, I continue to keep my ear to the track on this one. I'm still curious about your source. I can tell you one thing...LU will not go for a deal that is dilutive to earnings. Watch that.

OG