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Technology Stocks : Cascade Communications (CSCC)
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To: JOHN CHEN who wrote (3330)4/1/1997 7:32:00 AM
From: Zoltan!   of 3743
 
Today's WSJ seems to agree with you. They quote an analyst who states that CSCC would have fallen 30% because of their lousy numbers, but the merger news lessened it to 7%. ASND took the hit but the huge drop in ASND shares eliminated any premium for CSCC in the merger.

Regards
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