Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: swrdfsh who wrote (22473)	11/10/1997 10:02:00 PM
From: Gary Korn	Read Replies (1) of 61433

Swrdfish, An offer would be based on sales, not on ASND's market price on any particular day. (At least, that has been my limited experience). What might lead to problems is a sudden decline in the buyer's stock, because the buyer is paying for the seller's sales with its own stock. I will look for occasions where the seller's offer caused a buyer's stock to double (that would be 100%, not 200%). No one is saying that ASND would fetch 200% over market, or 66/share. Gary Korn

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