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Technology Stocks : FORE Inc.
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To: JZGalt who wrote (10100)1/11/1999 9:41:00 AM
From: OrionX  Read Replies (1) of 12559
 
Get real. ASND will not accept $75/share. Why would they? The stock already trades at $71 based mostly on the eps performance and the bidding up of the sector and p/e expansion. LU could easily pay $100 in stock now that the stock has recovered from the October lows.


And, why would LU pay more than 15 times sales for ASND? If ASND gets anything over $70, they'd better take it. I don't see how and why LU would pay such a premium for ASND. Please explain.
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