Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: gbh who wrote (54397)	9/17/1998 11:12:00 PM
From: Peppe	Read Replies (1) of 61433

Gary, Since you used the CIEN example, let me share a lesson I learned. The market knows and it doesn't lie. < I think Mory will be happy with an announced deal of 60'ish and a downside collar. > Shouldn't ASND be at least trading in the mid 50s if this were the case ? < Its also likely that by the time the deal closes, ASND shareholder could get 70 or even 80.> Based on what ? With this market and the annual October sell-off around the corner ? I don't concur. I just feel a little funny about this one. It's too obvious, too easy. Just like CIEN when it was trading at $ 28 ... Cheers, Peppe

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