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Technology Stocks : Ascend Communications (ASND)
ASND 212.93+5.7%3:41 PM EST

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To: Mark Duper who wrote (48926)6/17/1998 8:36:00 PM
From: stilts  Read Replies (1) of 61433
 
I heard someone (Joe Kernen?) mention that the Bay deal did not have a floor. I don't think one is so important unless the price being paid is set too high or the target is perceived as damaged goods. Both factors were present in the Bay deal.

stilts
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