Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.59

-1.0%

2:14 PM EST

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To: Dee Jay who wrote (1468)	12/31/1996 12:41:00 PM
From: Ajay Vora	of 61433

Yesterday, Ascend aquired StonyBrook Services. They bought this company by exchanging 480,000 Ascend shares, how does this aquisition work ? do they issue new shares ? or do they keep shares for such purposes ? how does it affect earning results ? -Ajay

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