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

To: Dwight E. Karlsen who wrote (25871)	12/4/1997 8:55:00 PM
From: sepku	Respond to of 61433

>>>Style, so in other words, it's 40s or nothing? Because I can't imagine a bidder offering 60% over market. Such a high bid would be unusual, as most are around 30% premium in tech buy-outs.<<< I believe that with networkers, the takeover bids seem to be tied to a multiple of sales. Several individuals pointed this out to be 6 to 8 times sales, normally. Using this for a basis in calculating a potential bid from a suitor, it is not unreasonable for ASND to fetch 40 -- $45. Also, I seriously doubt LU would stray from the time-honored, ever-enduring custom of "haggling". Surely they offered the lowest bid within their range deemed acceptable, expecting a counter-offer. Style Pts.