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Technology Stocks : Ascend Communications (ASND)
ASND 207.27-0.8%12:17 PM EST

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To: gbh who wrote (56170)10/20/1998 10:23:00 AM
From: Clare  Read Replies (3) of 61433
 
Gary, or they did this to have a squeaky clean balance sheet just in case they are acquired. Everyone has CUC/Cendant on their minds, and therefore acquirers will be extra careful.

In any case I'm not worried about the financing. This is how business is done with carriers (especially CLECs). Isn't it true that LU and MOT do financing also?
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