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

To: thebeach who wrote (59138)	1/14/1999 11:44:00 AM
From: JGoren	Read Replies (1) \| Respond to of 61433

Yahoo news on the shareholder lawsuit to block takeover. biz.yahoo.com All the shareholders--that's us folks--will get to vote in proxy, registration statement. That's called shareholder democracy. Therefore, courts will not get involved. imo. For all we know, this is a suit really initiated by competitors hoping to get access to sensitive company information under the guise of assessing valuation. Think of it, while courts are able to determine fair value in some shareholder actions, in particular private companies where book value and where traditional valuation methods of discounting income stream or sales can be utilized, it is a lot more difficult to assess value on a stock like Ascend. The market essentially determines the value.