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

To: Jeff Jordan who wrote (21962)11/7/1997 6:52:00 PM
From: mark alan rosenberg  Respond to of 61433
 
A gesture by ASND to do a buy back for up to a 75,000,000 dollar
committment over the next 12 mos. would help.
Of course, there won't be a buy-back, if there is a T-O.



To: Jeff Jordan who wrote (21962)11/7/1997 6:57:00 PM
From: jeff conn  Respond to of 61433
 
That's nothing. Once my dog stock last spring, PRMO, had a market cap equal to its cash on hand, 55M so WS valued the company at 0. The lesson learned is when WS gets pissed off at a stock it can get bloody but I don't think ASND is going 2, at worst the high teens.


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