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

To: gbh who wrote (57169)11/13/1998 1:58:00 PM
From: ricky  Read Replies (1) | Respond to of 61433
 
"Mr. Ashby said a deal would make sense for Lucent but that it would be a "big mistake" for Ascend to follow any course other independence. He added that the "cultural differences would clearly be a problem" in any link-up.

Gary, Pat's post on Ashby's statement is an indication to me that
Ascend may want to stay independent. An acquisition of ADI would
not preclude LU from buying Ascend. They are not related. The
briefing.com statement "buying ADI instead of Ascend" does not
make much sense.

Rick



To: gbh who wrote (57169)11/13/1998 2:26:00 PM
From: Pat Hughes  Read Replies (1) | Respond to of 61433
 
I don't think buying ADI would affect the purchase of Ascend at all.
(Of course there would be the usual panic and subsequent dumping of Ascend shares if this LU/ADI deal comes to pass)

Pat Hughes


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