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

To: thebeach who wrote (55395)	10/7/1998 2:13:00 AM
From: Clare	Read Replies (2) \| Respond to of 61433

I still believe LU wants Ascend. They are just waiting for the market volatility to settle down. Nobody can make a stock pooling deal when prices are so unstable. Notice Lucent purchased a startup with CASH. Until earnings are out, the SRA deal is finalized, and LU reports earnings, no one can pin a fair price. One thing to keep in mind is that service provider incumbency is a big deal here. And as they say in real estate, it's "location, location, location." This makes Ascend prime property in carrier land. And Lucent is well aware of that.

To: thebeach who wrote (55395)	10/7/1998 10:14:00 PM
From: James A. Venooker	Read Replies (1) \| Respond to of 61433

Dear beach, I would concur with Clare 100%. CSCO would not get involved with the purchase of ASND, especially with their stock falling so quickly out of favor (never would have guessed that). The only other "outside" play for ASND, and they would have to outbid LU for the company (in my opinion, and my opinion only) would be INTC. INTC needs an additional pipeline to support growth while margins continue to diminish in the chip sector. I doubt they will play for ASND, but they certainly have the resources, market penetration, and the NEED for new product growth and an income source. I still think LU is our only real player, and until we see some sustained market strength, I would bet on anything going down. The Nasdaq is taking one of its worst beating since its inception, from 2000ish to current levels (who would have thought?). Good luck, Jamie