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: Glenn D. Rudolph who wrote (36750)	2/27/1998 8:27:00 PM
From: Dee Jay	Read Replies (1) of 61433

it has nothing to do with Cisco itself, only its stock and only as a means of determining what the final payment is going to be. It's as if CSCO is an index against which the interest rate is compared to determine what the final payout will be. Now if the CSCO stock price gets played around with in those final 10 days ("naw, couldn't happen - that would be manipulation!") then the effective interest rate becomes that which is stated in the security which is low. If the underlying stock's price is high enough then the yield will be enhanced accordingly. That's my take on it. I wouldn't go into one of those, but what the hell do I know?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next