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Technology Stocks : Cascade Communications (CSCC)
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To: Jack Skinner who wrote (3284)3/31/1997 2:14:00 PM
From: Steve Sucheck   of 3743
 
Jack,

I understood your point and your right cscc fell more than asnd on a percentage basis so theoretically it could have recovered more. But it wouldn't have because the earnings would come out on the tenth and we would have half of what we have now. This is a good deal for us. If sales pick up it will be reflected in the price of the combined company. Even ASND at 40 is a 3billion dollar the deal CSCC's book is only 2 a share. If CSCC is worth more someone else will will make a higher bid. ASND/CSCC is a major threat to CSCO. IBM is not out of the picture yet either there in on the ip switch to replace routers. The bigger the company the better.
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