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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Korn who wrote (20583)	11/3/1997 12:41:00 AM
From: Sector Investor	Read Replies (1) \| Respond to of 61433

<<Even with a 2-1 stock split, it only needs 1.4B shares. Yet, it wants 3B shares to be authorized for, among other things, "other corporate business needs that might include the acquisition of other businesses.">> Gary, that is VERY interesting! Even at todays $64 price and AFTER a 2-1 split, the extra 1.6 BILLION shares would be equivalent to over $51 BILLION! That would buy a lot more than ENTRY to networking. At 8 times sales, that would buy BOTH COMS and ASND with money left over. And if they didn't split, they could buy CSCO too! They obviously have big plans.