Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Tim Luke who wrote (52835)	8/26/1998 3:29:00 PM
From: bucky89	Read Replies (1) of 61433

like i said many times before take everything you read with a grain of salt, this was a rumor that was passed on to me and i believe it. My goodness Tim, are you still pushing the $50 stock takeover idea? Come on, can you look at the stock prices when you allege this deal occured, and see that Mory would have been giving away ASND with no takeover premium? Again, I repeat: Jan 98 stock prices: LU ~40 ASND ~25 Your suggested stock swap ration: .6 LU for 1 ASND ASND takeover price: 25 x 0.6 = 24 ASND takeover premium: 24 - 25 = -1 Did I make that simple enough for you? Call it quits, Tim. If there is a deal already done, then it would have to be for much more than .6LU/ASND. I propose .875LU/ASND, which values the takeover at $77/share for ASND based on current LU stock price. bucky89

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