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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: sepku who wrote (35856)2/22/1998 5:47:00 PM
From: Sector Investor  Read Replies (1) of 61433
 
<<Many!...considering both stocks fell 20% upon news of the acquisition.>>

Sorry to have to correct you Style, but ASND fell from $52 to $40 after the announcement. CSCC was at $27+ and stayed about the same price. 0.7 times $40 = $28, less a bit for arbitrage.
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