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Technology Stocks : Cascade Communications (CSCC)
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To: Glenn D. Rudolph who wrote (3650)5/27/1997 11:51:00 AM
From: Keith J. Marcinowski   of 3743
 
Glenn and all....This may have been discussed but I need some clarification of the merger of ASND and CSCC. If the merger goes through, the stock swap will be .7 shares of ASND for every 1 share of CSCC.

1. When is this merger supposed to go through, if it does at all?

2. Why doesn't CSCC move in relation with ASND as far as stock price is concerned? For example, at 11:46 a.m. ASND is 54 1/8 and CSCC is 36 7/8. If the stock swap ratio is correct CSCC should be trading at 37 7/8 (.7 * 54 1/8).

Any info. would be greatly appreciated.

Keith
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