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

To: Sure Thing who wrote (59103)1/14/1999 12:19:00 AM
From: Warren Gates  Respond to of 61433
 
It's pretty obvious that LU and ASND decided to merge before the earnings come out. After each CEO taking a peek, they decided to go for a double ride.

As a side note, CSCO's price to sales is about 17, LU is about 5 and Ascend was bought out at around 15. I tried to combine LU and ASND
revenue and put out multiples of 5, 6, 7, 8, 9, 10 to compute the stock price. I would suggest that everyone try it. The results are unbelievable.



To: Sure Thing who wrote (59103)1/14/1999 1:30:00 AM
From: brian z  Respond to of 61433
 
Luasnd! I hope they will pick this new name. I am glad that ASND is bought out by LU but just feel a little bit blue while thinking about ASND will be gone. I have been with ASND almost three years. Oh, those up days and down days.


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