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

To: Tim Luke who wrote (58682)	1/11/1999 1:38:00 PM
From: bucky89	Read Replies (2) \| Respond to of 61433

Hello Tim, Looks like I will soon have the pleasure of saying "I told you so!" I'm still long with my original ASND (CSCC) investment (May 96). bucky89

To: Tim Luke who wrote (58682)	1/12/1999 12:20:00 AM
From: Warren Gates	Read Replies (1) \| Respond to of 61433

THIS MERGER IS FOR REAL. Lucent had to do it before Ascend's share run up prior to earnings announcement. This would mess up the negotiations. Ascend also had to do it before Lucent's earnings run-up so its shareholders could participate in both run-ups. If deal gets announced Wednesday, which would be better to buy? I think Lucent will be the better deal. The ASND-LU outstanding shares ratio is 1 to 6.5, so in terms of market cap gained/lost, todays action show LU losing more that ASND gained. Both LU and ASND people know that the sooner they get the price out, the sooner the market will like it and bid both companies up. My prediction, buyout at $77 ... market likes it, Lucent goes up by 8 points, ASND goes up proportionately. Everybody wins. LONG ON ASND AND LU.