Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Souze who wrote (50858)	7/31/1998 10:57:00 AM
From: Bindusagar Reddy	Respond to of 61433

I was just checking the profile of SRA, they have 279 million cash. Price sales ratio of 0.9. They had one bad quarter. Stock took a pounding from high of 60 in september 97. No long term debt. If they are paying 800+ million, in essence they are getting the company for 500 million. Not a bad deal if the products are useful. Remember how Mory stole CSCC for a low price last year by giving 0.7 share. Now Cascade is saving ASND contributing nearly 54% revenues with high margins and has momentum going forward. Iam not selling. Long term this does not appear to be a bad deal. Hang tough guys. BR

To: Souze who wrote (50858)	7/31/1998 11:00:00 AM
From: Joseph Colombo	Respond to of 61433

<<I'm holding my '99 LEAPs. Although I believe the rumor, and don't believe that short term it's going to do my LEAPs any good, I do believe that the price will recover and then advance by year end.>> Souze, I have some QQALJ's (Dec 50's). With the premium for bandwidth, etc. going into 1999, I can't believe that the next 12 months won't be very good for ASND. Who knows, LU may want ASND to make this acquisition. Just like politics, who knows who is sleeping with who. Joe