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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: The Phoenix who wrote (54169)9/15/1998 10:10:00 AM
From: gbh  Read Replies (1) of 61433
 
Well, Gary, that depends how much they pay (assuming we are talking about LU). If Mory holds out for the $70 people have mentioned, the merger would certainly be dilutive, unless ASND somehow increases its earnings to match the multiple produced by a $70 stock.

Anything above 50 would seem to be at least somewhat dilutive.

gary
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