<<Ascend, Alameda, Calif., received a preliminary offer from Lucent, Murray Hill, N.J., nearly two weeks ago, these people said. A more formal offer will be considered Tuesday.>>
I think someone said this a couple of hundred posts ago, but today's leaks were just a probe to gauge market reaction and how LU would be valued. I think it will go off at 1 for 1, and equilibrium will be reached at $100 per share.
I would love for the deal to be based on a cap an collar that says ASND gets $100 per share LU stock equivalent REGARDLESS of LU stock price move, within a certain range. Outside the range, deal's off. I'm very flush on this one, but if we get 1 for 1, I am not selling. What per cent of the $600 billion market in 2001 do you think LU/ASND can carve out?
jww |
