Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.58

+5.0%

Dec 12 3:59 PM EST

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To: djane who wrote (50113)	7/16/1998 4:44:00 AM
From: Yamakita	Read Replies (1) of 61433

djane, I don't quite follow your logic about ASND management wanting to keep the price down so as to remain attractive to LU. A slowly rising price would only increase LU's appetite, no?, since it will foster a "better get it now before it gets crazy" attitude. We only have less than three months before pooling eligibility. If we drift higher to, say, $65 before then, maybe that would make LU up the premium to a (say) $85 buyout, versus your scenario of $75 while the stock remains in the fifties. Your vision is indeed a tasty scenario though.

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