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Technology Stocks : Cascade Communications (CSCC)

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To: steve harris who wrote (3557)4/17/1997 9:48:00 PM
From: Chuzzlewit   of 3743
 
Interesting synopsis of academic research on using stock to buy a target company in the Motley Fool indicates that a company uses its stock to buy a target company when the acquirer knows its stock is over-valued. Maybe ASND got a dose of reality, and its drop in price had nothing to do with the merger. Just a thought.

Paul
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