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


To: Chuzzlewit who wrote (26699)12/6/1997 11:15:00 PM
From: gerard mangiardi  Respond to of 61433
 
Paul I think I already gave you my projections as to Asnd's near term earnings power as part of LU, about $2 per aquired asnd share.I think that Lu on its own is trading at about 30x projected earnings. I'm much more curious to know if by issuing warrants or convertable notes Lu can bypass the near term pooling of interest problems that a straight equity swap would precipitate.
Thanks.