Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: SuperSonics who wrote (3126)	3/27/1997 2:19:00 PM
From: kvogel	of 3743

CSCC should get back to $40-50 range with NO takeover. A stock swap takeover from a growing company like ASND would probably be for .9-1 sh of ASND. A cash takeover would have to be for at least $50/sh since growth of the company wouldn't reward shareholders in the future after their shares were tendered. I heard LU can't use stock for a takeover til some time in '98. Does anyone know? CSCC looks to have a bottom at 23 1/2. I expect a final pullback before we have a large NASDAQ rally but CSCC should hold above 23 1/2 so don't bottom fish too greedily! It might even hold at 25.

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