Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Jan Crawley who wrote (35252)	2/18/1998 10:56:00 AM
From: Greg h2o	Read Replies (1) of 61433

RE:<<Not really. I think he means that we will receive TWO LU shares for every ONE Asnd share.>> The way I think he meant it (by reading his follow-up posts) was that it would increase the number of shares available to purchase ASND shares.... That's not the way it works. Look, if you split a stock 2 for 1, all you get is twice as many shares at half the price. Sure, they'll get twice as many shares in a buy-out. Big deal. They will be at half the price. There is no way they are doing this for the express purpose of making shares available for an acquisition. If they were doing a secondary, that's a different story. regards, greg

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