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


To: Gary Korn who wrote (23960)11/18/1997 8:33:00 PM
From: blankmind  Read Replies (1) | Respond to of 61433
 
gary more fuel for the plot cpq:

closing price 11/13 62.25
closing price 11/17 66

net gain of 3.75

shares outstanding of cpq 758 million

multiply 3.75 * 758,000,000 = 2,842,500,000

asnd = 189,000,000/shares * 24.5 = 4,630,5000,000

i believe up to here we can agree on the numbers, but now for the premis:

all we need is for cpq to go up 7.5 more points and then they can use these gains to purchase asnd for 36, issue stock and watch the cub factor on the cpq stock.



To: Gary Korn who wrote (23960)11/18/1997 9:18:00 PM
From: Roger A.  Read Replies (1) | Respond to of 61433
 
AT&T debuts AT&T WorldNet(R) Virtual Private Network Service With
an End-to-End Service Guarantee

biz.yahoo.com

Does anyone know if Ascend will get any of this business?

Thanks