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


To: Pat Hughes who wrote (58586)1/11/1999 7:50:00 AM
From: Souze  Read Replies (1) | Respond to of 61433
 
My Guess = $100.00 per share when all is said and done.

I'm with you on that Pat. And that makes the exchange rate about 7/8, which sounds about right. I like 1 to 1 better, but oh well.

I don't understand the concern and grief about the 15.x B and 16 B figures mentioned in the news. Those are just market cap estimates. And by saying that the deal will be greater than market cap, that's not saying anything much about what the price could be. The writers cann't responsibly speculate about a buyout price unless they've got something firm to go on - 'sounds like they don't.

It looks like I'll now be holding my Calls until Wednesday; 'too close to expiration for comfort, but hopefully worth it.

Hooray, and Hallelu-JAH'
We had it coming to UH-us
Goody, goody for you
Goody, Goody for me....


I was going to be saying my goodbys to this thread today. Will now be around a few more days. Wouldn't miss this party. I'm glad to see djane back, and Jack Colton. I hope Bucky makes too.



To: Pat Hughes who wrote (58586)1/11/1999 11:21:00 AM
From: BMcV  Respond to of 61433
 
>>My Guess = $100.00 per share when all is said and done.<<

No way. They let the story out to put the news into LU's stock price, so there won't be any nasty reactions in the market when (if) the deal is finally announced. If that's true, it would be foolish to go much over the price in the story, or $80+.

glad to be wrong, though