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Technology Stocks : Cascade Communications (CSCC)

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To: William, III who wrote (3685)6/11/1997 12:12:00 AM
From: J. Stone   of 3743
 
W3:

Yeah, kind of a bummer, yes?

However, I can't help but think, with ASND having so many "troubles" right now (and here I refer only to the drop in the stock price), isn't it possible that we may see a sweetening of the merger deal, to appease now unhappy CSCC shareholders?

I mean, when this merger was announced, CSCC shareholders were to receive .7 ASND shares, equal to $36 and change (and this is after the $11 drop ASND experienced on announcing the merger).

So now here we are with CSCC at $29, due to the tie-in with ASND. Doesn't seem like such a swell deal anymore...

Comments anyone?

regards,

JS
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