SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Bindusagar Reddy who wrote (56903)11/6/1998 9:29:00 PM
From: shane hartman  Read Replies (3) | Respond to of 61433
 
The analyst is predicting a %11B deal for ascend. Tim Luke predicted $12B. If ASND sells, I think Tim is closer to the price tag.



To: Bindusagar Reddy who wrote (56903)11/9/1998 7:57:00 AM
From: Neil H  Read Replies (2) | Respond to of 61433
 
Bindusagar

If LU does buy Ascend, I would hope there would be a floor on the price of the stock. If not, considering many consider LU stock to be over priced ,

sjmercury.com

we probably would do better going alone with key small acquisitions.

I also had Bay stock before NT took it over. It was up to 32 or so without takeover. With takeover and no floor, my new stock is equivelent to 26, so at least near term the takeover was not beneficial.

Regards

Neil