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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST
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To: Chi-X who wrote (22344)11/10/1997 6:06:00 PM
From: Student  Read Replies (1) of 61433
 
I would suggest that the market cap is only about $3.7 billion if you multiply $22.5 times 188 million shares and back out roughly 4500 million of excess cash. Maybe not a steal, but compare it with the rest of the industry and I'd bet a takeover would look accretive to a buyer.
Student
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