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

To: Finder who wrote (55070)	10/2/1998 10:10:00 AM
From: jach	Respond to of 61433

- OT - FORE at almost 600 million $ revenue, growing 30 to 40% a year, they probably had orders came in last week of the qtr and not humanly possible to ship all; this kind of things are common in high-tech especially big ticket items- FORE at low 1B$ mkt cap and 600m$ revenue is a real steal now; won't be suprised if LU comes in next week and offer around 30$, that will be about 3.3B$ which is still only about 5 times sales and a very good price; With LU backing FORE products can very likely generate 2 to 3 times sale of current level which means close to 1B$ - for LU And now with LU OEMing ACT networks it seems to be that FORE with Enterprise ATM WAN switches (and #1 in the mkt) will be a very good fit with the Enterprise multiservice access concentrator that can carry voice, fax and data. ASND also can be still a play but less likely as ASND does not have any signifcant presence in Enterprise and that;s why they're down now; As said in previous post, LU will concentrate in the Enterprsie arena becasue that is where they need the most help, not in the SP and Carrier mkt as they've tons of clout there; For LU, FORE will be a great addition to have for 1B $ revenue and spending only 3.3B$; IMO, FORE has the highest probability of being acquired sooner compared to asnd and coms.