Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 211.05

-0.7%

Dec 1 3:59 PM EST

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To: Dwight E. Karlsen who wrote (25789)	12/4/1997 8:18:00 PM
From: sepku	Read Replies (1) of 61433

>>>If I found out that the CEO of a company whose stock I owned turned down a 40% premium, I would be plenty angry at such a stupid greedy CEO. After all, 40% in the pocket is far better than 13% on a rumor.<<< There are a great many long-term shareholders who are holding from the 40s and higher. These individuals/firms wouldn't find a 40% premium from today's prices on a buyout at 35, very enticing. To the contrary, they would probably be very angry if the company sold for so little. Style Pts.

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