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

To: Gary Korn who wrote (55749)	10/10/1998 10:44:00 AM
From: LakesideTrader	Respond to of 61433

Gary, thanks for your info. As I am a novice trying to figure out this chaos, you have been very helpful to me!

To: Gary Korn who wrote (55749)	10/10/1998 11:51:00 AM
From: Glenn Norman	Respond to of 61433

Yo_Gary............................Thank you for a greatly, informative post! Salude Amigo - Norman!

To: Gary Korn who wrote (55749)	10/10/1998 12:13:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

5. If there is to be no announcement on the 21st, then there will of course be no acquisition-related buying in the 10 days preceding the 21st (except to the extent that LU does not already own 4.999% of some target identified by it.) Gary, You are absolutely right! LU has been eyeing ASND/COMS/CSCO for over a year now. They may already own 4.999% in the low 20's! :-) Jeff

To: Gary Korn who wrote (55749)	10/10/1998 3:03:00 PM
From: Pat Hughes	Read Replies (1) \| Respond to of 61433

I think Ascend is LU's first choice. If they paid 20 billion for the company it wouldn't be too much given the build-out that is going to take place over the next few years. Lu's CEO said it himself yesterday. '500 billion by 2001' and LU only has a 10% market share. Why not get right into the DATA game - at the core - cut the BS, and buy Ascend. Personally I would like to see Ascend go it alone for a couple of years (and catch some of the pending hypergrowth, and hopefully a few stock splits!) In any case, nobody is going to lose holding this baby either way. Good Luck to All Pat Hughes

To: Gary Korn who wrote (55749)	10/11/1998 11:34:00 PM
From: FUZFO	Respond to of 61433

Bottom line: Look for unusual volume and pricing strength in potential targets between now and the 21st. My Dear Sherlock "Gary" Holmes, How have you been. I see your mind is as sharp as ever. Out of the "potential" LU targets I only own 1 as of now, coms. I almost bought some asnd last week but was caught off gaurd when the price went low enough and I missed my entry. You know I'm not a EE type and dont know too much about IP, switching, packets, etc. etc. but, and I may get some sh*t for this here, from my standpoint I also don't see LU buying asnd. I just cant see paying upwards of $12B-14B for $1.6B yearly revenues. It may still happen, go figure. Regards, fuzfo

To: Gary Korn who wrote (55749)	10/12/1998 2:18:00 AM
From: stilts	Read Replies (1) \| Respond to of 61433

Gary, I don't think LU will start to accumulate any ASND before they negotiate a deal with Mory. They don't want to drive the market price up before negotiating a buyout price with Mory. Only if they thought they might make a hostile tender would they try to accumulate shares now. I don't think a hostile takeover for a tech stock like Ascend is very probable. stilts