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Technology Stocks : Ascend Communications (ASND)
ASND 213.36-3.3%Dec 15 3:59 PM EST

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To: Gary Korn who wrote (21393)11/6/1997 2:08:00 AM
From: uu  Read Replies (1) of 61433
 
Gary,

My sincere thanks for your great post and despite the fact that it is all based on speculation, it does make sense to someone like me who up to this point strongly believed no deal in buying out ASND will ever take place.

Just one question, why do you think the buy-out will be at 8 times the sales (or as you said around $48-$50/shr)?

Regards,

Addi Jamshidi
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