SI
SI
discoversearch

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)
ASND 209.02-0.7%Nov 24 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Korn who wrote (23960)11/18/1997 8:33:00 PM
From: blankmind  Read Replies (1) of 61433
 
gary more fuel for the plot cpq:

closing price 11/13 62.25
closing price 11/17 66

net gain of 3.75

shares outstanding of cpq 758 million

multiply 3.75 * 758,000,000 = 2,842,500,000

asnd = 189,000,000/shares * 24.5 = 4,630,5000,000

i believe up to here we can agree on the numbers, but now for the premis:

all we need is for cpq to go up 7.5 more points and then they can use these gains to purchase asnd for 36, issue stock and watch the cub factor on the cpq stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext