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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Palmberg who wrote (5465)1/11/1999 11:46:00 AM
From: Kenneth E. Phillipps  Read Replies (3) | Respond to of 21876
 
Why did they wait so long to buy Ascend? They allowed Nortel to get a 6 month lead in acquiring a large data networking company. Only time will tell, but it appears to me that Nortel got a better bargain (Bay at about $30 per share vs Ascend at reported $80 per share).