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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: 4-UR-Eyes-Only who wrote (24838)11/27/1997 10:25:00 AM
From: frisbsc  Read Replies (1) of 61433
 
4-UR-Eyes,

< ASND at its current price will NOT be a takeover target from
management point of view unless there is a hostile bid at $50++ offer. But if ASND goes up to $40+ by 2Q '98, then it can become a merger target with potential bid around $50-$56.>

Please help educate me, I would suspect that the lower a stock price is, the less a takeover company needs to offer in order to aquire it. I would appreciate it if you could help teach me why you feel ASND need to increase in price by 66% before it is more likely to be purchased? Thanks alot.

Still learning,

Spencer
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