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


To: Gary Korn who wrote (22506)11/10/1997 10:15:00 PM
From: Peter Yang  Read Replies (1) | Respond to of 61433
 
>>I don't believe ASND will do such a thing because it will (1) reduce the takeover margin and (2) use up cash that the acquirer would want<<

They could announce a stock repurchase plan for UP TO 10M shares depending on the market conditions from time to time. They don't have to buy all those shares. For example, they could announce six months later that they have purchased 100K shares and decide not to purchase any more based on the market condition. Many companies have done that. However, the announcement could sweat those shorters.



To: Gary Korn who wrote (22506)11/11/1997 1:23:00 AM
From: blankmind  Respond to of 61433
 
i was under the impression if they were in buyout talks this would preclude them from repurchasing, unless it was already announced. can anyone confirm this?



To: Gary Korn who wrote (22506)11/11/1997 2:08:00 AM
From: blankmind  Respond to of 61433
 
<tarot reading - press next now, you have been warned>

current situation:

new focus: shattered earth card - currently asnd is in a state of disarray

ahead of you: snake card - putting the pieces back together for asnd will be difficult, with troubles at time getting a grip on the situations.

ahead of you: whole cake card - asnd will eventually recover and become whole again.

on a takeover:

issue: sea card - currently they are deep in talks

new focus: tongue card - they are talking

ahead of you: hope card - there is a strong posiibility of a take over

ahead of you: star of patience card - we will need to wait

will a take over occur rior to year end?

current issue - mud card - things are bogged down right now

old focus - star of aspiration card , white cake card, fountain card -things were moving towards people having the 'cake'.

the issue - metal rod card - alhough currently muddy, take over is in a solid position to occur.

distracting - wheel card - one of the companies in the buyout is tryingto move this to quickly

helping - knight card - the suitor is very strong/powerful.

new focus - tounge card - the talks continue between the companies

ahead of you - token card - present waits in the future
ahead of you - butterfly card - something is reborn.

we have a very good chance of a buyout this year according to the tarot cards. good luck and remember the fortune is only as good as the reader.