Ascend Communications (ASND) Message Board

STOCKTALK

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 212.33

+1.1%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hitesh puri who wrote (60031)	2/18/1999 5:44:00 PM
From: Jay Couch	of 61433

Hitesh, Just a data point here, but I worked for a company called Norand a couple of years ago, and we were acquired in a tender offer for $33 per share. The day it was announced, our stock shot up to $32.75 per share, and the gap slowly closed to $33 over the two months that it took to close the deal. I've never heard of a merger taking as long to close as this LU/ASND deal, but I imagine that the reason the gap is fluctuating is because the close date is so far out. Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next