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To: Ian@SI who wrote (9010)1/12/1999 10:04:00 PM
From: pat mudge  Respond to of 18016
 
At least somebody loves us... ;-)

Judging by today's stock action, Dresdner's not the only one.

Nice to be mentioned.

Pat



To: Ian@SI who wrote (9010)1/13/1999 3:19:00 AM
From: pat mudge  Read Replies (3) | Respond to of 18016
 
Well, folks, I was wrong:

<<<
January 13, 1999

Ascend Board Accepts Buyout Offer
From Lucent for Massive Stock Deal

By LEE GOMES
Staff Reporter of THE WALL STREET JOURNAL

Ascend Communications Inc. has accepted a buyout offer from Lucent Technologies Inc. in a massive stock deal that reshapes the growing market for telecommunications equipment.

Company Profile: Lucent Technologies

The board of the Alameda, Calif., company approved the pact Tuesday afternoon, as expected. Lucent's board did the same Monday night. Terms of the purchase weren't immediately available, but people familiar with the deal said it involves a stock swap that will give shareholders of Ascend -- which has a market capitalization of close to $17 billion -- a premium for the shares.

The acquisition will give Lucent, Murray Hill, N.J., a leg up in a major new market, but it comes with some risks, say analysts and other people following the deal.
>>>

Now, I think I'll get some sleep. . .

Pat