Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.06

+1.5%

12:05 PM EST

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To: joshi who wrote (26119)	12/5/1997 9:11:00 AM
From: mark alan rosenberg	Read Replies (2) of 61433

If this buy-out really takes place, I can't see anything less than $45/ share. There will be a lot of shareholder resistance to anything less. Remember, it's got to be voted on, and the potential acquirer does not want to shake the tree, and bring in dissident shareholders. Everybody has to be somewhat compromised and be convinced that the deal is good for them. Also, maybe the stock is going up on its own merits, anyway. Holding to the estimates yesterday- $1.43 for '98, sounds good to me. A buy-out right now, for an acquirer, would be propitious for the acquirer, since building fundamentals for Ascend over the next 6-9 mos. will only make the buy-out price go higher.

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