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


To: lin huan chen who wrote (24030)11/19/1997 7:27:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
TI paid more than 22 times sale to buy AMTX, ASND is trading around 5 times of sale. It shows ASND is undervalued in terms of a possible buy-out. CSCC alone is worth 25. If it gets taken over at this price, ASND is for free. I agree with enerything you said. I just do not see an buyout offers:-( The share price ought to appreciate on fundamentals too. Glenn