SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 212.98+1.8%Jan 7 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Lisman who wrote (13539)9/19/1997 9:42:00 AM
From: blankmind   of 61433
 
i don't see how. initially cscc did not go up on the buy out from asnd, but instead asnd dropped. over the next 2 months the price for both went up. unless you purchased cscc at some high pre-merge price, the asnd buyout eventially paid off. for me i purchased cscc in the the mid 20's (24-26 range) and eventially sold at 35.

i agree initially the price did not rise, but eventually it did. this is an abberation for most takeovers for the price of the the purchased company to stay flat or even drop. normally the company purchasing will drop a little, and the purchased company will move up. this was when cscc forecast bad earnings, and the network stocks all were tumbling at the time. just a bad confluence of events.

personally i would take my chances with a lu buyout.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News