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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: Nazbuster who wrote (21822)11/7/1997 12:23:00 PM
From: Nick Tingle   of 61433
 
Good question - if the buyout is for cash, and the value is just slightly below the 99 LEAP (say, $39), does that make the LEAP worthless? I'd guess if the buyout is a stock swap at a fixed ratio you'd effectively have a LEAP in the buying company.
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