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Technology Stocks : Cascade Communications (CSCC)
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To: Neil_L who wrote (3188)3/30/1997 10:09:00 PM
From: Gregory Seward   of 3743
 
If in fact .7 shares ASND for each CSCC, then price of CSCC should follow street's perception of impact on ASND post merger. If, say, ASND falls $5 (to 47) then CSCC should trade a buck or two less than .7 x fallen ASND price. My guess is $30. Just a guess. Must admit, earnings shortfall not positive. Good luck all.
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