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

To: Hagar who wrote (57303)	11/18/1998 10:22:00 AM
From: H.A.M.	Read Replies (1) \| Respond to of 61433

A number of leading mutual funds have been accumulating ASND recently, according to IBD: Ascend Communications was a top new buy at MFS Large Cap Growth B Fund, One Group Large Company Growth Fund and Preferred Asset Allocation Fund, as of the latest reporting date. Ascend, an Alameda, Calif.-based networking equipment maker, cleared a 16-week base earlier this month and has been trending higher since. Investor's Business Daily, Wednesday, November 18, 1998

To: Hagar who wrote (57303)	11/18/1998 10:46:00 AM
From: The Phoenix	Respond to of 61433

I can't disagree with any of your points. However I can't get this thought out of my mind. Chambers sitting around considering doing business against LU/ASND. Would it be easier to spend the $15B and keep LU in a box....and steal ASND from their grasp? This is actually what happened with the STRM aquisition. CSCC didn't shun CSCO...rather the gang at STRM was considering doing business against CSCO/CSCC and figured they wouldn't succeed. So, STRM approached CSCO with a "better deal". I believe CSCC was looking for $6B at the time and STRM came in at $4B. Funny thing is CSCC ended up selling for ...what...something like $2 or $3B in the end to ASND. Well, it's going to be interesting.... OG