Ascend Communications (ASND) Message Board

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)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jan Crawley who wrote (35252)	2/18/1998 11:54:00 AM
From: Dennis R. Duke	Read Replies (1) of 61433

Whatever LU split does its causing their currency to rise. Up over $2 right now. So if anything it gets them more capital per share if the street values a split higher, which the street does historically. LU probably thought at $95 per share, let's cut the price per share down so the little people can buy them. Get more of those little people on board and the price raises. It raises back to $95 by the fall and a deal with ASND can be done with overpriced stock. If, IF, LU were to make a deal next fall, then we get overvalued LU shares for our ASND shares. Which frankly, I'd rather we go it alone and get our own overpriced value on ASND. Dennis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next