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

To: thebeach who wrote (48036)6/4/1998 2:33:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
I have been watching all week and must pose this question.What price will ASND be taken out at? We all assume it is only a matter of time.


How about 55???

Glenn



To: thebeach who wrote (48036)6/4/1998 2:33:00 PM
From: Darren  Respond to of 61433
 
Take the premiums offered for CIEN and DIGI and cost average them. This will give you a current price tag for industry compatible companies. My guess is that you will come up with 33% above market, which on ASND today would be $58/share, not exactly what some are hoping for...but don't quote me, I haven't done the math.


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