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


To: polarisnh who wrote (27441)12/10/1997 7:50:00 PM
From: swrdfsh  Respond to of 61433
 
Steve

Thanks. I like to try to toss a little cold water on the M&A talk. It does appear something is going on though.

I find it difficult to understand why someone would pull the trigger on a takeover now. There seems to be too much uncertainty surrounding ASND. $48 appears to be the concensus price, based on some of the more astute analysis on this thread. It seems logical to me that the stock should move to $35 to $40 on its own and trade there for awhile BEFORE LU or someone else can justify an offer of $48.

Maybe it can happen at these levels. Someone apparently is sniffing around. If it does happen sooner than six months, it will defy my sense of logic. But, that won't be a first. :-)

Anyway, thanks for the Kathy Ireland link. It's good to see someone else representing the pine tree state! Go Huskies!

swrdfsh