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Technology Stocks : Cascade Communications (CSCC)
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To: margin_man who wrote (3452)4/8/1997 6:56:00 PM
From: Dee Jay   of 3743
 
ASND *will* announce at least as good as the whisper number, and it will bring CSCC up with it - which is why Dan was so smart to announce the shortfall at the same time as the merger was announced.

Anyone who thinks Cascade sold out too cheaply should examine the matter of why insiders, who hold so much of the outstanding stock and presumably the right to buy more, would want to shortchange themselves. Most everyone acts in their own self interest and I don't think those folks would do any differently, so if the .7 to 1 exchange ratio was the right price for them they had good reason to think so. IMHO, of course.

Given the fact of significant insider ownership one simply has to read between the lines.
Dee Jay
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