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

To: Tim Luke who wrote (56492)	10/26/1998 2:42:00 PM
From: Marc Hyman	Read Replies (1) \| Respond to of 61433

i received an e-mail of a possible deal in asnd this week....just a rumor ... And I heard from a guy who says his brother-in-law (who used to work for Ascend but now works for 3com) says he was talking with someone from Bay who said his NorTel bosses think Lucent... Tim, I'm not picking on you, just trying to find some humor in all the he-heard she-heard messages :-) // marc

To: Tim Luke who wrote (56492)	10/26/1998 2:54:00 PM
From: Mighty Mizzou	Read Replies (1) \| Respond to of 61433

Takeover deal or sales? What is the confidence level of your source?

To: Tim Luke who wrote (56492)	10/26/1998 5:26:00 PM
From: James A. Venooker	Read Replies (1) \| Respond to of 61433

Tim, Finally got in touch with my infamous "source" today. He could not make any substantial comments regarding merger activity. NOTE THIS: He did say that the forward looking strategy for ASND has remained unchanged from 3 months ago (when he initially made his statements to me). In addition, he has told me ASND is nearing completion of a huge new facility in Westford, MA. (about 15-20 miles from Lucent HQ). I can not verify if this is true, as you know, I live in Florida. IMO, I believe Lucent's recent run up (over 80 from the mid 50's), has put enough value in the stock for them to make an acquisition like ASND much more realistic. The stock is holding at 45ish on decent volume, I would not be surprised if a deal is forthcoming, sooner than later. BTW, I still believe, LU-ASND is a DONE DEAL, it is just a matter of when. Good luck & Congrat's on XYLN Wish I could have afforded to pick some up, and some MER in the 30's too! Jamie