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


To: blankmind who wrote (23399)11/14/1997 1:31:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Blankmind,

Thanks. There were several financial novels (I'm not
sure if they were mysteries) that came out of the 80s
that I really enjoyed. Was one Lions in the Streets?
There was another one that I think was a mystery, but
I can't remember the name.

Anyway, do you know what the following is about?
It was posted today on Bloomberg. Something about
ASND put warrants:

Princeton, New Jersey, Nov. 13 (Bloomberg) -- Following are the details of a
warrant issued by Citibank N.A. in N.Y.(Germany):

Sales/Info: 49 69 1366 1120
Ticker Symbol: CQGA GR
Underlying: ASND US - ASCEND COMMUNICATIONS IN
Warrant Type: Put, American Exercise, Uncovered
Strike Price: $ 25
Ind Issue Price: DM 1.28
Parity: .301
Shares per Warrant: .1 (10 warrants for 1 share)
Issue Date: Nov. 13, 1997
Exercise Period: Nov. 13, 1997 to Feb. 3, 1999
Settlement: Cash delivery
Issue Amount: 5,000,000 warrants
Minimum Exercise: 100 warrants
Listing: FRANKFURT
WPK#: 818932

Story Illustration: CQGA GR DES for a table of terms for this
warrant.

For company news: For all warrant new issues:
ASND US CN NI WRNT