Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.40

-1.0%

11:53 AM EST

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To: Peter Yang who wrote (22488)	11/10/1997 10:07:00 PM
From: Gary Korn	Read Replies (3) of 61433

ASND is sitting on a huge pile of cash. They should announce a stock repurchase plan for up to 10M shares. I don't believe ASND will do such a thing because it will (1) reduce the takeover margin and (2) use up cash that the acquirer would want. Gary Korn

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