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

To: sam who wrote (25788)12/4/1997 7:29:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 61433
 
sam on Dec 4 1997 7:22PM EST

This is pure speculation, of course, but perhaps the rumor could have been planted today to further bulster a 40 dollar buyout figure. If ASND is at 22 -- 40 seems ridiculous, but at 28 it's more reasonable.

Not in my opinion, I used to sell businesses. 8-10x earnings is nothing counting current earnings! You have to account for future earnings! Thats what you are buying! $60-$80 is not unreasonable!

Jeff



To: sam who wrote (25788)12/4/1997 7:29:00 PM
From: jach  Read Replies (1) | Respond to of 61433
 
<If ASND is at 22 -- 40 seems ridiculous, but at 28 it's
more reasonable.>

when strm was at 38 the buyout executed at 55
so 22 -> 40 does seem reasonable


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