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


To: P2V who wrote (29555)1/7/1998 9:32:00 AM
From: scott maragioglio  Read Replies (1) | Respond to of 61433
 
Marden,
They have $700 million in cash on hand and just floated a 7 yr bond in a private placment, ( I don't know how much). so they have cash for a smaller buyout. I would think they would go after one of the gigabit routing startups.

Scott



To: P2V who wrote (29555)1/7/1998 3:27:00 PM
From: scott maragioglio  Read Replies (3) | Respond to of 61433
 
Marden,
I just found out that ASND did NOT float debt in a private offering.