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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: joe who wrote (17671)6/18/1998 1:32:00 AM
From: Mang Cheng  Read Replies (4) | Respond to of 45548
 
Whoever buys out ASND will have its own share price dragged down considerably. A company will have to pay around $13 billion (!) to buy asnd for a yearly profit of 200 million - that's 1.5% return for the money - for a long time to come. Buying CD would be a much better investment.

coms has roughly the same market cap (~9 billion) as asnd (10 billion) but with 5 times its revenue and a much better profit potential.

Mang


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