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Technology Stocks : Cascade Communications (CSCC)
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To: Keith J. Marcinowski who wrote (3651)5/27/1997 12:57:00 PM
From: Chuzzlewit   of 3743
 
<<1. When is this merger supposed to go through, if it does at all?>>

The exact timing is uncertain, but the best guess seems to be late July or early August.

<<2. Why doesn't CSCC move in relation with ASND as far as stock price is concerned?>>

The differential is due to the arbs assessment that the deal won't go through. This differential should narrow as we approach the merger.

Hope this helps.

Regards,

Paul
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