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

To: H.A.M. who wrote (59782)	2/6/1999 9:58:00 AM
From: Kenneth E. Phillipps	Read Replies (4) \| Respond to of 61433

Almost all acquisitions and mergers in our industry fail. Cisco's the only one that's been really successful in this. Chambers certainly is not a modest or humble person. He apparently doesn't think the acquisition of Bay by Nortel was successful. Well, the market apparently doesn't think so. Since the market low in early October, Nortel stock has done as well as Cisco. Since the first of the year, Nortel's stock price has done considerably better than Cisco. Chambers is a salesman. He will say anything to hype the Cisco stock price. He wants to ignore the fact that the Nortel/Bay merger has been and will be very successful. The LU/ASND deal will also be successful. Ken