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


To: Nazbuster who wrote (21822)11/7/1997 12:23:00 PM
From: Nick Tingle  Respond to of 61433
 
Good question - if the buyout is for cash, and the value is just slightly below the 99 LEAP (say, $39), does that make the LEAP worthless? I'd guess if the buyout is a stock swap at a fixed ratio you'd effectively have a LEAP in the buying company.