Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: Gary Korn who wrote (21864)	11/7/1997 6:39:00 PM
From: Jeff Jordan	Read Replies (2) of 61433

At its current price, ASND's market cap of $4.5B is less than 9 times it's cash on hand!!!!!!!!!! Gary, This would be a good time to announce a stock buy back program. Boy, would that piss even more people off? They could have had about 20mil shares today @$24. JJ

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