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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: mark alan rosenberg who wrote (21599)11/6/1997 5:52:00 PM
From: Jeff Mills  Respond to of 61433
 
Mark--
<<On June 30, 1997, Cascade was merged in Ascend (Ascend being the
survivor company)for a consideration of $2.5 billion.>>

Wrong! $3.7 Billion was the value AGREED upon when ASND/CSCC ended talks. That is what ASND thought CSCC was worth.

ALAMEDA, Calif.--(BUSINESS WIRE)--March 30, 1997 Under the terms of the agreement, each share of Cascade common stock will be exchanged for 0.7 of a share of Ascend common stock. Outstanding options to purchase Cascade stock will be converted at the exchange ratio into Ascend options. The transaction is intended to be accounted for as a
pooling of interests and to qualify as a tax-free reorganization. Based on the closing price of Ascend common stock on March 27, 1997, the deal is valued at approximately $3.7 billion.



To: mark alan rosenberg who wrote (21599)11/6/1997 5:58:00 PM
From: Bosco  Read Replies (1) | Respond to of 61433
 
hello Mark - I know the mood at this pt in time is not conducive to jesting, but hope people don't take offense...

you sez "Could there be an one or several big investment houses behind the shorting and descent. Who knows?"

I thought that would be a foregone conclusion. It is more a matter of whether it is a temporary phenomenon or a long lasting event. Go ask Oppie how much $ it made on the BRE-X debacle.

rgds Bosco



To: mark alan rosenberg who wrote (21599)11/6/1997 6:56:00 PM
From: ABE  Respond to of 61433
 
fool.yahoo.com

motley fools take on csco, asnd & coms



To: mark alan rosenberg who wrote (21599)11/6/1997 7:00:00 PM
From: Joe Pirate  Read Replies (2) | Respond to of 61433
 
I will double my mullah $$$$$ with ASND in 1998... When exactly ????
I don't phuken care, ahahahahhahahah.......

$50 in 1998... Let it go down more so I can buy another pirate ship
for my crew, ahhahahahah.....

If it drops in the high teens, I may end up with a 3 baggers, moooowassshahahahhhaha....

Just like PAIR, ASND will soar !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Just like the longs have their hayday, the shorts have theirs...
It all evens out.... 1998...........

Pirate